Do I pay you a fee for the planning?
No separate fee. We are a mutual fund distributor and are paid a distribution commission by the asset management company out of the scheme, which is disclosed in the scheme documents. The planning, reviews and servicing are part of that relationship.
What is the minimum amount to start?
Most schemes allow a SIP starting at a few hundred rupees a month, and lumpsum investments from a small minimum. The more useful question is what monthly amount your goal actually needs, which is what we work out first.
Is my money held with you?
No. Your investment is held in your own name with the asset management company, and units sit in your folio. Money moves directly from your bank account to the fund house. We facilitate and service the transaction.
What paperwork is involved?
A one-time KYC if you do not already have one, a bank mandate for SIPs, and the scheme application. Almost all of it can be completed online.
Can I stop or change a SIP later?
Yes. A SIP can be paused, stopped or modified, and the amount can be increased or decreased. There is no penalty for stopping, though schemes may have an exit load for units redeemed within a short period.
How often will we review the portfolio?
Once a year as standard, and additionally whenever something material changes for you — a new job, a loan, a birth, a large inflow, or a goal moving closer.
Do you recommend insurance as an investment?
No. We recommend term and health cover for protection, sized to your situation, and keep investment separate where costs and liquidity are visible.
Can you take over an existing portfolio?
Yes. We review what you already hold first, tell you what is working, and only suggest changes where there is a clear reason. Existing investments can be reviewed whether or not they were bought through us.
Are the returns in your calculators guaranteed?
No. Every projection is based on a rate of return that you enter as an assumption. Actual mutual fund returns depend on market performance and are not guaranteed.
Do you work with clients outside Gujarat?
Yes. Onboarding, transactions and reviews can all be handled online, and we have clients across India.