Invest in Mutual Funds

What are Mutual Funds and how do they work?

A mutual fund is a pooled investment vehicle where money from multiple investors is combined to invest in a diversified portfolio. This offers the benefits of diversification, professional management, and the potential for returns.

How do I choose the right mutual fund for my investment goals?

Choosing the right mutual fund depends on your financial goals, risk appetite, and time horizon. For steady growth and low risk, Large Cap Funds are ideal. Mid Cap Funds balance growth with risk, while Small Cap Funds are suited for investors with higher risk tolerance. Tax-Saving Funds (ELSS) are great for those looking for equity investments with tax benefits under Section 80C.

What is the difference between SIP and Lump Sum investments?

SIP (Systematic Investment Plan): A method of investing a fixed amount regularly, usually monthly. It helps in disciplined investing and averages out market fluctuations over time.

Lump Sum: Involves investing a large amount at once. This is suitable for those with significant capital looking to take advantage of market conditions at a specific time.

What are the fees associated with investing in mutual funds through IndusInd Bank?

The platform ensures transparency regarding fees. While some funds may charge an expense ratio for operational costs, these are clearly outlined during the investment process.

How can I monitor the performance of my mutual fund investments?

The IndusMobile and IndusNet platforms provide real-time updates, performance charts, and detailed reports to help you track your investments and adjust them based on your evolving financial goals.

Are mutual funds safe, and what are the risks involved?

Mutual funds come with varying levels of risk depending on the type of fund. Large Cap Funds have lower risk compared to Mid Cap and Small Cap Funds, which are more volatile. Tax-Saving Funds (ELSS) also come with equity-related risks but offer tax benefits.

Can I redeem my mutual fund investments anytime?

Yes, mutual funds generally offer high liquidity, allowing you to redeem investments anytime. However, some funds, like ELSS, come with lock-in periods. Redeem funds easily through IndusNet or IndusMobile platforms.

What are the tax implications of investing in mutual funds?

The tax treatment of mutual funds varies. Equity funds, if held for over a year, qualify for long-term capital gains tax. ELSS funds provide tax deductions up to ₹1.5 lakh under Section 80C.

How can I stop my ongoing SIP?

You can stop your SIP by visiting the "Manage SIP" section in your investment account and following the steps to cancel it.

Where can I see the status of my investment?

The "Portfolio" or "My Investments" section in IndusNet or IndusMobile will show you real-time updates on your investment status.

Are there any charges for using the IndusInd Investment platform?

The platform does not typically charge for account maintenance, though specific transactions may have associated fees, such as expense ratios.

What is the benefit of a risk profile, and can I change it?

A risk profile helps align your investments with your risk tolerance. Yes, you can reassess and update your risk profile through the Risk Profiler section.

What are capital gains?

Capital gains refer to the profit from the sale of an investment when its selling price exceeds the purchase price.

How can I download my holding statements?

Holding statements can be downloaded from the "Reports" or "Statements" section on the platform.

What is a Folio?

A folio is a unique identification number assigned to mutual fund investments, helping track them efficiently.

What are AIF and PMS funds?

AIF (Alternative Investment Funds): Privately pooled funds investing in various strategies.

PMS (Portfolio Management Services): Professional management of individual portfolios in stocks, debt, etc.

Where can I find Customer care details?

For support, reach out via phone, email, or chat, available on the "Contact Us" section of the platform.

How can I compare two funds on the investment platform?

Use the fund comparison tool in the mutual funds section to evaluate different funds based on performance and risk.

Can I open an investment account if I am an NRI?

Yes, NRIs can open investment accounts with the necessary documentation and complete KYC.

What is STP and SWP?

STP (Systematic Transfer Plan): Transfers a fixed amount from one fund to another.

SWP (Systematic Withdrawal Plan): Allows withdrawal of a fixed amount at regular intervals.

Can we do SWP and STP on the IndusInd Investment platform? 

Yes, both STP and SWP options are available and can be set up directly on the platform.