Frequently Asked Questions
Go through the questions below to get answers to your queries. If you don’t find the answer to a question that you have, call our customer care executives at 0800-00026 for assistance.
What is the minimum amount of investment?
The minimum amount of investment is Rs. 100,000 only.
What is the minimum amount for subsequent investments?
The minimum amount for subsequent investments is Rs. 500 only.
When will I get the profit?
You can receive the profit on a monthly, quarterly, semi-annual or annual basis.
How will I get the profit?
The profit amount will be sent to you in the form of a cheque, pay order or will be transferred automatically to your bank account.
How do I withdraw my money?
You can withdraw your investment in part or whole at any time you want without any penalty or charges. To do this you need to fill out a form and send it to us.
Will Withholding or any other Tax be deducted on my investment?
WHT of 10% to 25% will be applicable on Cash Dividends. Moreover, with effect from July 01, 2016, Capital Gains on redemption of units by Individual, AOP and Company would be taxed at the rate of 15% for filer and 18% for Non-filer where the holding period is less than twelve months, at the rate of 12.5% for filer and 16% for non-filer where the holding period is twelve months or more but less than twenty four months and at the rate of 7.5% for filer and 11% Non-filer where the holding period is twenty four months or more. No CGT would be applicable if the units of the funds are purchased before 1st July 2012. Bonus Units are subject to withholding tax at a rate of 5% where applicable.
Will Zakat be deducted on my investment?
No. Zakat will not be deducted on the submission of an Affidavit.