From 1993, the year where the first Mutual Fund business started with Kothari Pioneer (now merged with Franklin Templeton) in India, since then there has been observed tremendous growth with corpus of lakhs crores along with growing no. of Investors every year.
Currently, there are more than 44 AMFI (Association of Mutual Funds in India) which offers more than 2500 Mutual Fund Schemes altogether.
Mutual funds pool your money to invest in Equity Stocks, Govt. Bonds and other Financial Securities. As your investment (wealth) get diversify in different portfolio of MF scheme, so there is less chance of loosing your Capital / Principal amount, but there can be fluctuations in interest rates based on NAV value of no. of Units allotted /withheld by you.
Our Company Prudent Corporate Advisory Services started in 2000, is the fastest growing financial services group. We have many subsidiaries.
Lets talk about what benefits Mutual Funds offer to Individual Investors:
1) Zero Charges for Account opening
2) No AMC (as this is not Demat Account)
3) You can start with minimum SIP of Rs. 500 / month.
4) Earn interest / Returns of 7 - 60% (based on type of fund scheme performance).
5) Easy Liquidity: Can Withdraw your Money anytime either partially or fully exception in case of ELSS MF (3 Years Lock-in period).
6) Better returns than Bank FD and without Tax (Exempt).
7) Can claim Tax deduction (under 80CC/10(10)D) if you invest in ELSS MFs.
8) No Entry load / Exit Load.
9) Major Benefits for those who are paying Home Loans @ 8-10%, they can save some amount of money in Mutual Funds and withdraw interest to clear the loans time to time.
Before I recommend you the best portal to invest in different schemes of Mutual Funds, I insist you to keep ready with following proofs:
a) PAN Card
b) Aadhar Card
c) Cancelled Bank Cheque
d) Email id and Mobile number (for OTP)
e) Mother's name
f) Nominee name with PAN Card (unless Minor) - this is optional
g) Passport size photograph
Click below link either Site / App and follow Steps for Registration (Sign-Up):
Website: https://bit.ly/3i1jxPK
Mobile App: https://cutt.ly/0QqSkfh
Step 1: Fill up your details like Name, Email, Mobile number and verify with OTP and create Password (alpha-numeric characters with one special symbol)
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