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Investors who have similar investment goals pool their money together to create a fund. This pooled money is called a mutual fund investment. A professional Fund Manager, employed by an Asset Management Company (AMC), then takes charge of this mutual fund, using the money to buy a diversified mix of stocks, bonds, or other securities. This diversification helps reduce the risk of losing money. With a mutual fund, the investors need not worry about monitoring each individual investment as the same is managed by the AMC.
In mutual funds, you can choose between two types of plans: Regular Plan and Direct Plan.
There are 5 major types of Mutual fund categories comprising : Equity Mutual Funds, Index Mutual Funds, Debt Mutual Funds & Hybrid Mutual Funds
Invest smartly and aim high with Large Cap Mutual Funds, your path to consistent returns and financial success. These funds invest at least 80% of their assets in top 100 companies of by market cap.
These funds invest in low-risk, easily accessible money market instruments, providing a safe option for parking your short-term cash. They offer modest returns, capital preservation, hassle-free access with no lock-in, entry/exit loads, minimal risk, and the convenience of one-day withdrawals.
Conservative hybrid funds provide a low-risk investment option by combining a mix of debt instruments like corporate and government bonds and equity instruments like stocks, making them a suitable choice for risk-averse investors seeking stable returns with a balanced portfolio.
Nifty 50 Index Funds invest in the stocks of the Nifty 50 Index, a benchmark index of the National Stock Exchange (NSE), providing investors with a diversified portfolio of India's top 50 companies across various sectors and potentially long-term growth opportunities at the lowest cost.
Equity-Linked Savings Schemes (ELSS) are tax-saving mutual funds that invest primarily in equities and equity-related instruments. These funds offer the dual benefits of potential capital appreciation and tax deductions under Section 80C of the Income Tax Act in India. With a mandatory lock-in period of three years, ELSS funds are suitable for investors seeking long-term growth along with tax savings.
INDmoney provides you an easy, fast, safe and FREE way of investing in Direct Plan Mutual Funds at ZERO commission with powerful features!
SIP Center to Control all your SIPs
Track & import your external mutual funds
Switch from Regular plan to Direct plans
Get Free Analytics of your Mutual Funds
Find hidden charges, exit loads & tax implications
Set up nominees for your mutual funds
Compare mutual funds across returns, cost, AUM, etc
Manage funds across your family members
Get news insights of your mutual funds
Calculate your Mutual Fund Returns & SIP Returns for free with INDmoney Calculators
SIP Calculator
Estimates the final amount you could get from making regular SIP investments
Regular vs. Direct Plan Calculator
Shows you how much you can save on fees by choosing a direct plan over a regular one
Mutual Fund Returns Calculator
Calculates what your investment could grow to over a certain period
Lumpsum Calculator
Tells you the potential future value of a one-time big investment
Mutual funds offer a great investment medium that caters to different kinds of investment objectives and Financial Goals without the daily monitoring and frequent management.
Safer than Stocks
People who invest in stocks generally find mutual funds a safer and hassle-free option because mutual funds invest in a wide range of assets, which distributes the risk, and are, therefore, considered safer options than investing directly in individual stocks/securities.
Managed by Experts
Mutual funds are managed by financial experts who have the expertise to choose the right mix of assets to invest in. They make timely adjustments according to the market conditions to maximise profits for you, saving your time and energy.
Accessibility and Flexibility
Mutual funds allow investors to start with small amounts such as Rs. 100 and offer various options to suit the financial goals and risk tolerance of every type of investor.
First-time users on INDmoney can follow the below-written steps to start investing in a Mutual Fund:
Sign Up
Register on INDmoney with your phone number. A simple OTP verification gives you access to mutual fund investments.
Complete your KYC
Provide your name and address proof, complete an e-signature, and fulfill regulatory checks to be ready to invest.
Explore Funds
Browse through a variety of mutual fund options tailored for different investment goals and risk appetites.
Choose SIP or Lumpsum
You can choose to setup a SIP or invest in Lumpsum. Once you are on the individual mutual fund page click from the bottom “One-time” for lump sum investment or “SIP” for systematic investment plan.
Start Investing
Monitor Your Portfolio
Track and manage your investments easily on INDmoney to align with your financial goals.
Set Clear Investment Goals
Define what you want to achieve with your investment. Is it to grow your savings, prepare for retirement, or buy a house? You can use the 'Goals' feature on INDmoney App to link your mutual funds investments to your financial goals.
Know your Comfort with Risk
Understand how much risk you’re willing to take with your money. It helps pick the right mutual funds for you.
Select Funds after Thorough Research
Choose the Investment Platform
Find an easy-to-use and trustworthy place to invest. Many banks, online platforms, and investment firms offer mutual fund investments, but we offer a simple, all-in-one platform for investing.
Look for Charges and Fees
Be aware of hidden costs like management fees and transaction charges. Our platform offers a clear, no-fee option to help you save more.
Asset Allocation
Ensure the fund's mix of assets aligns with your investment strategy and diversification needs.
An NFO (New Fund Offer) is the first sale of a brand-new mutual fund to the public. It's a chance for investors to buy into the fund at its initial price, usually set at a lower level. Once the NFO period is over, the fund will operate like any other mutual fund.
Feature | Mutual Funds | NPS (National Pension System) | Tax Saving FDs |
Flexibility in Choices | Wide range of mutual funds are available based on risk and return preferences | Some choices in investments, but mainly focused on long-term, retirement savings | No choice on investment; fixed interest rate and time |
Access to Money | Generally allows withdrawals, but some funds have restrictions or penalties | Access restricted until retirement, with partial withdrawals under certain conditions | Money is locked for 5 years; early withdrawal loses tax benefits and possibly faces penalties |
Risk vs Reward | Risk and returns vary widely. Higher risk could mean higher returns | Generally lower risk, but offers decent returns over the long term | Very low risk, but also lower returns compared to mutual funds and NPS |
Tax Benefits | Some offer tax savings, like ELSS funds, under certain conditions | Provides tax benefits under sections like 80CCD(1), 80CCD(1B) & 80CCD(2) | Offers tax deductions under Section 80C, but with a limit on the amount |
Suitability | Great for various financial goals, like saving for a house or growing wealth in general | Best if you're saving for retirement and want steady growth | Ideal for those looking for a safe investment with guaranteed returns and tax savings |
Mutual funds as an investment option have some big advantages:
Spread Out Risk
Mutual funds mix your money into different types of stocks or bonds. It's safer than just picking one company to invest in.
Expert Help
Fund managers watch the markets and move your money to try to get the best returns. They do the hard work so you don't have to.
Liquidity
You can quickly get your money from mutual funds, usually in 1-3 days, right into your bank account unlike direct stocks or bonds which depend on finding a buyer.
Tax Savings
Putting your money in certain mutual funds can cut your taxable income by up to ₹1,50,000 every year. Plus, if you keep your investment for more than 3 years, it's even more tax-friendly.
Cost-effective
With mutual funds, your investment costs get spread out among all the investors. This way, you can get into markets and buy stocks or bonds that might be too pricey if bought individually.
Well-regulated
Mutual funds in India are under strict watch by SEBI. They make sure everything is fair, your investment is safe, and the companies running the funds follow all regulations.
Mutual funds has its risks, just like any investment. Watch out for these limitations of investing in Mutual Funds:
Market Drops
Your investment's value can decrease if the overall market falls, affecting all types of assets in the fund.
Bad Choices
Fund managers might not always pick winning investments, which could lead to lower returns than expected.
Interest Rates
When interest rates rise, bond prices in the fund may drop, reducing the fund's overall value.
Getting Money Out
In certain situations, you might face delays when trying to withdraw your investment, especially during market turmoil.
Company Problems
If a company that your fund invested in struggles financially and can't pay its debts, your fund's value could take a hit.
Sector Risk
If the fund has too much money in one sector or company and it performs poorly, your investment could lose value.
The full form of NAV is Net Asset Value, which is the mutual fund's per-share value. It is the amount you pay or get when you buy or sell a mutual fund share.
Yes, by investing in specific mutual funds like ELSS (Equity Linked Savings Scheme), you can save on taxes. These investments qualify for tax deductions under Section 80C of the Income Tax Act, helping you reduce your taxable income.
An NFO, or New Fund Offer, is the first time a new mutual fund scheme is offered to the public.
Yes, we have an option of Flexi SIP where we can pause and restart the SIP.
We also give an option to edit our SIP anytime. Follow the steps below to change the SIP amount.
Step 1: Go to the SIP section, under mutual fund dashboard.
Step 2: Open SIP Summary Page and click on manage SIP
Step 3: A bottom sheet will appear, click on edit SIP.
Step 4: An invest page will open, here you can edit your amount.
Note : Maximum Mandate amount should cater the new updated SIP amount.
For Example, if you have started a SIP via UPI and you have created a mandate for Rs 10000. In this case if you edit your SIP amount to 15000, you will receive invalid input.
You can edit the amount between SIP minimum investment amount ( created by AMC ) to maximum mandate amount ( created by user )
Journey to download the ELSS report on the INDmoney mobile app:
Step 1 → Go to the “My Profile” section by clicking on your profile picture on the left side of the screen.
Step 2 → Scroll down and select Mutual Fund account ( BSE ) from the “account details” section
Step 3 → Click on the “ELSS Report” button from the “Reports” section.
Step 4 → “Select Financial Year” and download the ELSS report.
Step 1 → Select the “Mutual Funds” tab
Step 2 → Click on the down arrow near the “overall portfolio”. A bottom sheet will appear.
Step 3 → Click on the “refresh portfolio” button on the bottom sheet.
Step 4 → Enter OTP
Step 5 → Click “my funds” to see your external portfolio.
Below are the steps to cancel ongoing SIP from INDMoney.
Step 1 → Select SIP chiclet from the “Orders” Tab.
Step 2 → Select the SIP you want to cancel
Step 3 → Click on the “Manage SIP” button.
Step 4 → Select “Cancel SIP” from the Manage SIP bottom sheet
Step 5 → Click on Cancel SIP from the bottom sheet
Adding a nominee to your mutual funds makes it simpler and faster to transfer your investment to your chosen nominee if something happens to you. It's a way to ensure your investments are easily passed on to the person you choose, without complications.
You cannot remove an external portfolio once you have fetched it on the INDmoney App platform.
If your SIP falls under a non-business day then SIP will get processed on the next business day.
To check this → You can see your SIP amount separately under the SIP chicklet in the “Orders” Tab.
Note: If you have redeemed that particular fund once, you will not be able to you cannot track it separately.
Here are the steps involved to redeem you mutual funds
Step 1 --> On the INDmoney App, go to the main dashboard and click on mutual funds.
Step 2 --> Once you get to the Mutual Fund Main Home Page, select the My Funds tab.
Step 3 --> On the My Funds tab, select the mutual funds you want to redeem.
Step 4 --> After selecting the fund, a bottom sheet will open. Click on the View Details Button.
Step 5 --> Click on Redeem Button. A bottom sheet open, You can select between 1. Redeem One-Time or SWP (Systematic Withdrawal Plan)
Step 6 --> Enter the amount you want to redeem.
Step 7 --> Enter the OTP
Step 8 --> A screen will appear where you will find your sell order details. You will get the NAV date and the date when the amount will be credited in your bank account.
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