WHAT IS MUTUAL FUND
A mutual fund is a sort of investment that gathers cash from a broad pool of investors to invest in equity, debt, and global securities in addition to gold-based investment goals. You can depend on the abilities of professional specialists who handle the pooled cash as fund managers of your mutual fund.
Investing in mutual funds offers you as an individual investor with a means of investing in a variety of securities across equity, debt, and global markets that you may find difficult to invest on your own.
At Karvy, our Expert Analysts do extensive research to provide you the best so that it becomes easier to choose a scheme that fulfills your need and goals. We offer:
- Mutual Fund Schemes from 35+ AMCs
- Research Reports (Existing Schemes, NFOs, Performance Reports, etc.)
- Portfolio Re-balancing (based on dynamic market conditions and ongoing trends)
- Top Mutual Funds based on Ratings and Performance
Features of Mutual Funds
In general, a mutual fund invests in big amounts buying and selling different asset classes enabling investors to benefit from reduced trading expenses. Through a Systematic Investment Plan, investors can be exposed to such portfolios with an investment as modest as Rs.500/-* in mutual funds. Such a portfolio would otherwise be highly costly for an investor directly investing in the stock market to buy and retain.
*Subject to the Asset Management Company (AMC) requirements.
Investment in Mutual Funds through SIP offers the investor with a disciplined strategy to regularly invest certain amounts regardless of the investment's unit cost. Therefore, when the price is low the money invested gets more units and lesser units when the price is high. Thus, a reduced average price per unit can be achieved over time. The Rupee cost averaging enables to smooth out long-term market ups and downs while decreasing the risk of investing in unstable markets.
Choice of Investment
Mutual Funds are the only category of products that meets the needs of every individual. You will always discover a mutual fund that suits your time horizon–lengthy, medium, or short; and small, medium, high risk-taking capacity. All this irrelevant to how much you're investing, whether it's a very tiny investment or an enormous Lump sum. Your advisor will keep your profile in mind to assist you in choosing the correct fund(s).
Mutual funds assist investors profit from economies of scale by pooling cash from large numbers of individuals with a common interest and investing their cash in the appropriate asset class/classes. This enables investors to share their money's management costs.
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Benefits of Mutual Funds
Mutual Funds are professionally managed by fund managers who thoroughly track the market and trace the winning stocks and appropriate times to buy and sell.
Mutual Funds have a default advantage of diversification, as fund managers invest across a variety of asset classes and stocks.
Mutual fund agreements bind the issuer in buying back mutual funds unit on any dealing day, irrespective of the number of units you hold.
Before investment, investors get all information about the fund’s outlook and strategy and after investing, unit holders get regular updates on the value of the investment.
What are the benefits of Investment with Karvy
We offer the opportunity to invest in Equity Funds, Balanced Funds, Debt Funds and Tax saving Funds across 1600+ funds of 30 AMCs.
Huge Clientele Base
Over 17 Lakh clients have invested in mutual funds with us.
Our office network is spread across 29 states and still expanding.
We levy no brokerage charges, handling charges, annual maintenance charge or any other hidden costs for mutual fund transactions.
With Karvy, you have the options to invest in Lump sum, Systematic Investment Plan (SIP) and New Fund Offers (NFO) across all segments.
Mutual Funds - FAQs
What are the additional benefits investing through Karvy OIA Platform?
- Hassle free Paperless Investment
- Choose from a wide range of Mutual Fund schemes
- Portfolio Tracking
- Financial Tools like SIP Calculator to aid decision making
- One click Switch/Redeem option
Do I need to submit any documents to open Karvy OIA Account?
✓ You need to provide your PAN and Bank A/c details via cancelled cheque leaf, bank statement or front page of the bank account passbook. No additional documents are required.
Can I complete my KYC registration in Karvy OIA Platform?
✓ Yes. You can complete your KYC registration within 10 minutes on Karvy OIA Platform.
What are the transactions that I can do through Karvy OIA?
✓ Karvy OIA holders can make the following transactions as well:
Why should I choose to invest in a mutual fund?
For retail investors who do not have the time and expertise to analyze and invest in stocks and bonds, mutual funds offer a viable investment alternative. This is because:
- New Fund Offer (NFO)
- SIP Insure
- Additional Purchase
- National Pension Scheme (NPS)
- Instant Redemption
- Loan against Mutual Fund Units
- Switch/Redeem Funds
- Systematic Transfer Plan (STP) and Systematic Withdrawal Plan (SWP)
- Offline to Online
What are payment options available to invest in mutual funds through Karvy OIA?
✓ Payment modes available in Karvy OIA are:
- Net Banking
- Debit Card
- NACH Mandate
How many banks accounts can I add in Karvy OIA?
✓ You can add up to 5 bank accounts.
Can I update my nominee details in online through Karvy OIA?
✓ Yes. You can Add/Edit your nominee details from the My Profile section in your Karvy OIA.
Can I redeem my units online through Karvy OIA?
✓ Karvy OIA provides you one click redemption facility
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