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. 20,000 only.
What is the minimum amount for subsequent investments?
The minimum amount for subsequent investments is Rs. 2000 only.
How do I withdraw my money?
You can withdraw your investment in part or whole at any time you want without any charges. To do this you can
(a) Fill out a form and send it to us.
(b) Make an e-transaction online
(c) Place a request for withdrawal via a call on 0800-00026
How can i monitor my investments?
You can monitor the growth of your investments any time online (using the internet) or by sending this SMS to 8258: Value <SPACE> [Your 8 digit customer ID]
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.