Frequently Asked Questions
Here’s everything you need to know about investing in mutual funds through Rockwin Money.
1. What is a mutual fund?
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A mutual fund is a professionally managed investment vehicle that pools money from multiple investors to purchase securities like stocks, bonds, or other assets. It provides diversification and is managed by experienced fund managers.
2. How safe is it to invest in mutual funds?
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Mutual fund investments are subject to market risks. However, they are regulated by SEBI and managed by licensed Asset Management Companies (AMCs), ensuring transparency and investor protection within regulatory frameworks.
3. Do mutual funds offer guaranteed returns?
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No. Mutual funds do not offer guaranteed returns. The value of your investments depends on market performance, economic conditions, and the underlying assets in the portfolio. Past performance does not indicate future returns.
4. What are the types of mutual funds I can invest in?
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You can invest in various types of mutual funds such as Equity Funds, Debt Funds, Hybrid Funds, Index Funds, and ELSS (Tax-saving Funds). The selection should align with your financial goals and risk appetite.
5. How do I track my mutual fund investments?
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Investors can track their mutual fund investments through the portfolio dashboard provided by the distributor, email statements, or online tracking tools offered by AMCs and registrar platforms like CAMS and KFinTech.
6. Can I exit a mutual fund anytime?
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Most open-ended mutual funds allow you to redeem units anytime, but you may be subject to exit load charges or capital gains tax depending on the holding period. Always check the scheme details before redeeming.