Browse through our complete collection of 301 expert answers on investments, financial planning, and wealth management.
Mutual funds and Volatility Investors typically tend to pick a fund that has delivered the highest return in its category in the past. But can the pas...
Any day is a good day for investing in a mutual fund. And whenever you invest, you need your fund to deliver well – i.e., generate returns better than...
Scheme Information Document (SID) provides investors with much of the information that you need to know about a scheme. You would have read disclaimer...
In our previous posts we discussed volatility and risk and also risk adjusted returns. But what are the types of risks to a portfolio and how do you m...
Over the past decade, especially after many foreign players entered the Indian mutual fund space, there have been several instances of fund houses cal...
Let’s understand how debt funds make their returns. Once that is done, it’s easy to see how risks in debt funds come up and how to manage it. Capital ...
When we look at some of the mutual fund factsheets or market presentations or listen to a fund manager speak, we often come across the term Overweight...
Many investors assume that mutual funds pay their dividend from the dividends they receive in the stocks they hold. They also ask us during corporate ...
You have an option to invest in international markets through the mutual fund route. Indian mutual funds offer a host of funds that invest internation...
As a mutual fund investor, you would like to get comprehensive information on your fund. A single document provides this information for you – the fac...
Couple of weeks ago we looked at volatility and consistency of returns of a mutual fund and how to choose a mutual fund based on these parameters. We ...
What they are? Where they invest? Gilt funds are debt mutual fund schemes that invest in government issued bonds and securities of varying maturities....
“Should I go for growth option or take out the dividends in my fund?” - is a question frequently asked by many of you, when venturing into mutual fund...
The insurance amount is linked depending on AMC's requirement and the SIP's monthly installment. Please find the breakdown for the insurance eligibili...
Active management In active management, the fund manager seeks to pick stocks with the aim of beating the benchmark and generating alpha. A fund manag...
We often talk of the virtues of investing through the systematic investment route (SIP). When you invest a monthly sum, how much can you expect at dif...
Over the last couple of months we have been looking at various aspects mutual funds, whether it is about their portfolio or performance or how to comp...
Most equity mutual funds invest across sectors and industries. But some funds choose to restrict this to certain segments. They are called thematic an...
You may have read about fund managers talk of a top-down or bottom-up approach to building their portfolio. Does he start with the first stock with hi...
You know there are balanced funds, which invest mostly in equity and some in debt. You know there are MIPs, which invest mostly in debt and some in eq...
Most mutual funds are open-ended, that is, you can invest in that fund any time you please and also exit when you wish to. But some funds are classifi...
Over the past few weeks we discussed about large-cap funds and mid-cap funds. There is another category of equity funds that falls between these two –...
When we look to invest in mutual funds, we come across various options for a single fund such as growth, dividend payout and dividend reinvestment. Ma...
Index funds and ETFs are similar in that they exactly mirror a particular index or commodity and in doing so, aim at delivering the same returns as a ...
Liquid funds – another category of debt mutual fund is considered the least risky and is often quoted as a good alternative to savings account, to par...
Monthly income plans (or MIPs) are debt-oriented mutual funds, which is to say that they invest at least 75-85% of their portfolio in debt instruments...
You cannot compare apples to oranges, as they say. Would you look at the revenue and profit growth of Infosys and compare it to, say, BHEL or Larsen &...
Do you remember back in school, when you went back to your parents with your exam results? If it was a particularly hard paper and you scored 60%, you...
f you’re a savvy shopper, you wait for discount seasons during the year to buy that new television, phone, fancy shoes or clothes. You get the same go...
Ever wondered what all that jargon in fund factsheets or application forms or articles on investments mean? To make it easier to understand the world ...
In order to save on tax, a go-to option for many is to quickly invest in a bank or post-office tax-saving fixed deposit. It may not really be the wise...
Reducing taxes as much as possible is at the forefront of our minds. The all-powerful Section 80 C offers the best way to this, as most of you know. B...
Yes, investments made in the names of different investors (that were created using a single login ID) can be seen in one consolidated portfolio view a...
Over the last couple of weeks, we looked at how mutual funds are taxed. We spoke about indexation benefit being available for long term capital gains ...
If there is one detail regarding investment that everyone pays close attention to, it is taxation. Here’s putting down what you need to know about tax...
In the first part of this article, we covered the tax rules with regard to all categories of mutual funds. You know that with mutual funds, taxes appl...
Have you ever thought about why you do your tax-saving investments? To save taxes of course, you might say! That, to my mind, is incidental. Do you kn...
When anyone talks about investing, they say “Don’t work for money. Make money work for you”. And how does money work for you? It’s through compounding...
When money compounds over several years, the finance world use a simple metric called compounded annual growth rate (CAGR) that helps gauge the annual...
Some of you who are into project planning may be asked by your finance team to give the internal rate of return (IRR) of the project you are planning....
A mutual fund is the kind of investment that pools money of several investors and invests them in stocks, bonds, money market instruments and other ty...
Yes! You may add any number of investors to your Fincare services account. This feature is particularly beneficial for families as they can consolidat...
No. At this point of time an appointment with our award winning certified advisors are available only to our registered fincare services customers....
A change of tax status from RI to NRI is accepted only by the following mutual fund houses: Baroda Pioneer Mutual Fund DHFL Pramerica Mutual Fund Fran...
Yes! You can open your new NPS(National Pension System) account or transfer your existing account with Fincare services within few clicks. Read the be...
NO, pausing of SIP is not available for investment with Insurance....
Yes, investing in mutual funds through Fincare services is absolutely free. There are no account opening charges, transaction or maintenance fees. In ...
Non Resident Indians (NRIs) all over the world can invest in all the mutual fund schemes offered by all Asset Management Companies (AMCs). However, mo...
Please follow these steps to obtain statements from the respective Asset Management Companies (AMCs) for your mutual fund investments using CAMS Onlin...
Shifting from the direct plan of investing to Fincare services is a quick and easy process. It involves just one simple step: You need to download and...
Investors can transfer money to fulfill their investments by using one of the following methods: 1. Net-banking – Investors can pay via the netbanking...
FundsIndia's cut-off time for switches between all schemes is 2:00 PM. Please refer the Switch transactions cut off timing matrix and NAV applicabilit...
No. Since the money invested goes to the mutual fund and insurance is free of cost,There is no 80C benefits will be applicable. However, if the invest...
To change/add a nominee for your mutual fund investments made through Fincare services, all you need to do is: Login to your Fincare servies account C...
There are well-defined ways of doing that. You will always have access to the folio numbers of your investments. This will also be on the records of m...
Once an investor opens an account with us, he can login and start investing in a variety of ways – he can invest a lump sum amount in a new scheme, st...
We covered taxation on mutual funds in detail last month, over two different posts. This week, we will go a bit more into detail, especially as many o...
If an investment transaction into a liquid fund is completed before the cut-off time on a day that precedes a market holiday, then the applicable Net ...
Yes, NRIs can open a Fincare services account and invest in mutual funds through us. Once you complete your online registration process, we’ll require...
To view your existing holdings (investments in mutual funds) in a consolidated fashion, you would need to transfer your investments to your Fincare se...
To transfer a mutual fund holding that is currently being held through another online channel, you would first need to make it a ‘Direct’ holding. Onl...
This insurance provides death cover to the investor, i.e., insurance amount will be paid to the beneficiary in case of an unfortunate death of the pol...
Login to your Fincare services account, click on reports and download your capital gains statement. When filing returns and paying tax, you can use th...
To update your SIP date and tenure, please write to us at support@fincareservices.com We'll get in touch with you to help you get this changed....
Currently, through Fincare services.com, you can invest in the mutual funds of 38 different mutual fund houses in India. They have been listed below: ...
Question from an actual investor: Hello, I just have a query on the Fincare services offer. Is it a promotional offer, i.e., free/no charge of any kin...
Income funds, dynamic bond funds, ultra short funds, yields, credit downgrades…for a newbie investor (and for many seasoned ones, too!) the world of d...
As an investor, you would like to get maximum returns on your investments, but you may not have the time to continuously study the stock market to kee...
Birla Birla Sun Life Infrastructure Fund Birla Sun Life Small & Midcap Fund Birla Sun Life Midcap Fund Birla Sun Life MNC Fund Birla Sun Life 95 F...
Using Fincare services, an investor can invest in a variety of financial products like mutual funds, equities, corporate fixed deposits, and more. To ...
Fincare services allows you to select any date of the month (up to 28th) for your SIPs. However, for an iSIP (internet-based SIP), you will be able to...
Any Redemption in the form of full or partial, will lead to cause your insurance cover to lapse....
The Employee Unique Identification Number (EUIN) is a unique number allotted to each employee / relationship manager / sales person who holds a valid ...
Instant redemption is a facility offered by the Super Savings Account, where the redemption request is processed almost instantly, and the money is cr...
A minimum amount of Rs 1000 is required for SIP insurance investment....
Fincare services's cut-off time for purchases have been revised. New cut off timings for purchases: Lump Sum Transactions S.No Payment Mode Bank Name ...
A Fincare services account is built for all kinds of investors. You’re free to invest in any mutual fund scheme of your choice; also, if you’d like to...
We support the following banks for NEFT / RTGS / IMPS.: A. P Mahesh Bank Abhyudaya Co-op Bank Adarsh Cooperative Bank Ltd Ahmedabad Mercanatile Co-op ...
Due to a SEBI circular, our payment partner is unable to support some banks via Net Banking. We are working hard with our partner to allow more banks ...
Yes, we are a registered stock broker with the Bombay Stock Exchange (BSE). Our SEBI registration number is INB011468932....
Yes, you can. You have to first sell the mutual funds. The money will be credited to your bank account in the following manner: T+3 days – For an equi...
No, you cannot short sell in a 5-Day Margin product....
Yes, you can apply for an IPO through Fincare services. Here are the steps to apply for IPO using an UPI ID To apply via your UPI ID: Log in to your F...
Exposure Current exposure 3 times ( 1 time client money + 2 times funded by fincare services) Now 5 times exposure( 1 time client money + 4 times fund...
Your profits/losses get credited / debited to / from your trading account as when the 5-Day Margin position is closed....
You can open an equity trading account with Fincare services in just two simple steps: Enter your investor profile in our ‘Equity’ section. Download y...
You can convert open positions to delivery. You need to make sure there is sufficient money in your equity account....
With Fincare services, you can place a request to transfer funds in the ‘Withdrawal Request’ page after logging in to your account. Pay out requests p...
Here are the methods by which you can transfer funds to your Fincare services brokerage account: a. Netbanking – An investor can use the ‘Equity Payme...
To transfer your shares from another demat account to your Fincare services demat account, you would need to do the following: You need to submit a ‘D...
A GTC Buy / Sell Order can be placed in the following manner: Select ‘Invest’ from the top menu Select ‘Stocks’ Pick the stock, and then select ‘Buy’ ...
Interest will be charged at 12 % on outstanding debit balance from the purchase date of positions taken under 5-Day Margin as below: Example 1: Client...
No. To comply with regulatory requirements, we require you to open a new demat account and a brokerage account through us to trade on our platform....
As per norms set by the Securities and Exchange Board of India (SEBI), we require more information from a mutual fund investor to open an equity tradi...
Yes, Non Resident Indians (NRIs) can invest in equities through Fincare services....
Yes, you can. To get started, you have to open a brokerage account and a demat account with us. Once this is done, you can transfer all your stock inv...
Yes, you can open multiple brokerage accounts with multiple brokers....
Yes, you can utilize sales proceeds against the sale for trading in a 5-Day Margin product....
No. FIFO (First In First Out) method is followed for square off. Example: Assume you have bought 100 shares of ABC on Monday, and 40 shares of ABC on ...
In case any short payout is received from the exchange for any particular security, and if the client has multiple open positions in the said scrip, t...
Under 5-Day Margin trading, the investment will be automatically squared off when your investment falls below 18 per cent of the invested value. For e...
Day trading refers to the practice of buying and selling shares within the same trading day, such that all positions are usually (not necessarily alwa...
Opening an equity account with Fincare services is absolutely free. Fincare services charges a brokerage rate of Rs.20/- or 30 basis points (bps), i.e...
5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. *This is subject...
We need you to submit the following documents to us: - A self-attested copy of your address proof - A self-attested copy of your ID proof - A cancelle...
5-Day Margin is a leveraged trading facility. You can create positions under this product that can be squared off, or converted to delivery till T+5 d...
Fincare services offers two types of equity accounts to customers: a Premium Demat Account, and a Basic Services Demat Account (BSDA). Here is a quick...
With Fincare services you can place three types of orders: Limit Order – A limit order is placed with a brokerage to buy or sell a set number of share...
You can convert a 5-Day Margin trade into delivery only if you have adequate cash limits. Example: You buy 100 shares of ABC at the rate of Rs. 2,250 ...
The margin will be released after deducting the loss on square off (if any), and this limit can be utilized for trading in any other equity product....
With Fincare services, you can place real-time market orders, and GTC (Good Till Cancelled) orders. A real time market order can be placed from 9 AM t...
The list of securities that are eligible for 5-Day Margin trading will be displayed on the trading website, and may be subject to change / review by F...
You can always write to us at support@fincareservices.com. Alternatively, you can call us at (0) 9870681612, and we’ll be happy to assist you....
Read a review of an equity fund or look at their ratings and you will always find a mention of large-cap or mid-cap or multi-cap. For a newbie investo...
We have designed this platform for medium and long term investments. In our view, options and futures constitute a high-risk product category, and we ...
The stock prices that you see on our site are delayed by one minute. Order execution is, however, made accurately as per real-time prices, based on yo...
This is subjected to change / review by Fincare services from time-to-time. 14% Service Tax on Brokerage (Effective June 1, 2015 ) will be applicable....
In the case of SIP with Insurance, SIP's can be set based on the AMC's approved dates. Fincare services offers any date SIP for regular SIPs. However,...
No. These facilities are not available in case of SIP with Insurance....
Monthly payments for SIPs are made using a bank mandate. You need to send a signed copy of your bank mandate to Fincare services while registering for...
To add a biller, you need to login to your internet banking account. The biller option is generally found under 'Payments'. While adding the biller, y...
As part of the online channel partner agreements that Fincare services has signed with mutual fund companies, we (Fincare services) are required to ma...
SIP investments for NRIs work in a similar manner as SIPs for Resident Individual. However, NRI investors can only set up SIPs in funds from one Asset...
The Easy Pay option allows you to invest using your NACH bank mandate. You can make use of this option once your mandate has been approved by the bank...
After we receive the signed bank mandate, the same will be sent to the bank for registration, subject to verification. Normally, it takes about 20 bus...
Most open-ended funds allow investments through SIPs. However, some debt and liquid funds may not allow SIPs. To know whether your selected fund allow...
No, you can set up an SIP, even if you do not have a mandate, in the following ways: • iSIP – You add the AMC as a biller through internet banking. Ea...
Failure of an instalment will not result in any charges or penalties from Fincare services or your AMC’s (Asset Management Company) side. However, you...
A Flexi SIP allows you to vary the amount of your investments every month. If you do not want to invest a fixed amount, and prefer more control over y...
An SIP is a method of investing in mutual funds. Through an SIP, you can invest in mutual funds systematically, i.e., on a regular basis. The investme...
A Value-averaging Investment Plan (VIP) targets a specific rate of return for you. To achieve this, the investment amount is varied such that you can ...
An Alert SIP is for investors who do not have a mandate with us. In an Alert SIP, every month, an SIP transaction will be created in your account. You...
An iSIP or an internet-based SIP is a completely paperless way of setting up an SIP. In an iSIP, after you have set up the SIP, you will have to add t...
SIPs will ensure that you invest every month, thereby instilling discipline in your investment behaviour. This investment tool allows you to start inv...
No, at the end of the deposit period, the principal (original amount of investment) is returned to the deposit holder....
Since one copy of the Form 15G/15H is required to be sent to the income tax department, it is possible that the department may raise a query, if they ...
A corporate (company) fixed deposit is a deposit placed by investors with a company for a fixed term. It carries a prescribed rate of interest....
Form 15G/15H is a self declaration form that can be submitted by the depositor to avoid Tax Deduction at Source (TDS) if his interest income from corp...
Interest on corporate fixed deposits are paid on a monthly / quarterly / half yearly / yearly / maturity basis. It is paid either through cheque, or t...
In a fixed deposit scheme, the interest is payable at specified frequencies. The scheme will be convenient for persons, like pensioners, who require p...
Form 15G is meant for Resident Individuals who are below 65 years of age. Form 15H is meant for senior citizens who are 65 years of age, or more, duri...
Manufacturing companies can accept fixed deposits for a duration of 6 months to 3 years. Non Banking Finance Companies can accept deposits for a durat...
A Non-Banking Non-Finance Company (Manufacturing Company) can accept deposits subject to the following limits: - Up to 10% of the aggregate of paid-up...
Non Resident Indians (NRIs) can invest in fixed deposits with public limited companies in India in certain situations. For example, if the permission ...
Tax Deducted at Source (TDS) is deducted if the interest earned on a corporate fixed deposit exceeds Rs. 5,000 in a financial year....
Corporate House Rating ICRA CRISIL FITCH CARE HUDCO Limited ** N/A N/A TAA+ AA+ Mahindra and Mahindra Financial Services Ltd. ** N/A FAAA N/A N/A Nati...
Banks Supported: Catholic Syrian Bank Punjab National Bank Yes Bank Karnataka Bank Ratnakar Bank Shamrao Vithal Co-operative Bank South Indian Bank Un...
The option of withdraw is available only to those subscribers who have subscribed the scheme for a minimum period of 10 years....
Minimum annuitisation of 80% of accumulated wealth and maximum lump sum withdrawal of 20% of accumulated wealth. If the accumulated pension wealth is ...
Yes. We have kept the Power STP option open for Global Funds/FoFs. Though the underlying algorithm (Fincare services Valuemeter) used is built mainly ...
The subscriber is entitled to minimum annuitisation - 40% of accumulated wealth and maximum lump sum withdrawal - 60% of accumulated wealth. The exit ...
Minimum Annuitisation - 40% of accumulated wealth and maximum lump sum withdrawal - 60% of accumulated wealth. The Subscriber may choose to purchase a...
The entire accumulated pension wealth of the subscriber shall be paid to the nominee or nominees or legal heirs, as the case may be of such subscriber...
No....
Yes....
The lump sum can be deferred till the age of 70 years and can be withdrawn at any time between superannuation and 70 years of age or every year till a...
The annuity starts post the minimum age of purchasing any annuity from any of the empanelled annuity service providers. The minimum age depends on the...
Annuity for life with return of purchase price in the unfortunate event of death: Subscriber shall receive pension until he/she is alive and the annui...
The subscriber shall have been in the National Pension System at lease for a period of three years from the date of his or her joining. Withdrawal is ...
The nomination shall so far as it relates to the right conferred upon the said nominee, become null and void....
The minimum application amount is Rs.1000. Additional investments can be made from Rs. 500 onward....
There is no minimum balance for the Super Savings Account....
No, switching of investment is not available for SIP with Insurance folios....
No medical checkup is required for investing in SIP with Insurance....
No, nomination made in favour of people who are not a part of the subscriber's family are deemed invalid. The possible nominations that can be made ar...
Yes. After the subscriber's marriage the nomination made initially shall be deemed to be invalid....
There are 7 ASP appointed by PFRDA. They are: Life Insurance Corporation Of India HDFC Life Insurance Co. Ltd ICICI Prudential Life Insurance Co. Ltd ...
Power STP is an intelligent valuation-driven strategy that helps you invest lumpsum amounts in equities anytime without worrying about current market ...
Step 1: Decide on the total amount to be invested into equities Step 2: Choose the Equity Fund from the Fincare services Select Fund List Step 3: The ...
FundIndia Valuemeter is our in-house valuation indicator based on 4 valuation indicators PE, PB, MCAP to GDP, and Earnings Yield vs Bond Yields. The V...
All Diversified Equity Funds (excluding ELSS, Sector/Thematic Funds) in the Fincare services Select Funds list will be available under Power STP. The ...
Rs. 1,20,000 will be the minimum investment amount required to deploy money in any chosen equity fund. Monthly transfer value that is being set should...
Growth Option...
Fincare services Valuemeter (our in-house valuation model) will determine the equity multiplier for every month. Higher amount (up to 6 times the mont...
The entire balance amount in the debt scheme will be switched to equity....
No. You will not be able to change the schemes during the STP term. You will have to stop the Power STP and start a new one....
The execution will happen on the 7th of every month. You will not be able to change the date....
Yes. You can cancel your Power STP anytime. No, there are no cancellation charges from our side....
Yes, as specified in the SID (Scheme Information Document) of the schemes....
Will be treated as a normal transaction; wherein, the investor can choose the scheme from which redemption needs to be made....
Yes. You can add additional money to the folios where Power STP is mapped anytime....
You will be provided with 4 choices - Overnight, Liquid, Ultra Short Term, and Money Market Fund....
Yes you can. The option to manually override the algorithm and switch a custom amount from debt to equity is available....
The Super Savings Account is a new product offered by Fincare services, which offers customers the flexibility of a savings account with the growth of...
Any resident of India can open the Super Savings Account. To open a Super Savings Account, customers can log on to and complete their registration. Th...
Returns of the Super Savings Account are not fixed. They are subject to market fluctuations as funds are deposited in the Reliance Liquid Fund - Treas...
The Super Savings Account is not a bank savings account. It invests in the Reliance Liquid Fund - Treasury Plan, which is a liquid mutual fund. You ca...
There are no charges for opening a Super Savings Account. The account is free-for-life. There are no account maintenance or closing charges either....
No, there are no charges levied on using your Super Savings Account Debit Card. However, your transactions may be subject to service tax as per prevai...
No, you currently cannot do a SIP in the Super Savings Account....
You can withdraw cash from any Visa-powered ATM or an HDFC Bank ATM. You can also use this at any Point of Sale (PoS) terminals....
No, you cannot use the debit card for international transactions currently....
Can NRIs invest in the Super Savings Account?...
Short term and long term capital gains tax on debt funds apply to the Super Savings Account. In the short term (less than years), tax you pay depends ...
Login to your Fincare services account. On your Dashboard, click on ‘View More’ under Mutual Funds. Select the Super Savings Account Tab and click on ...
If your card is due for renewal, you can apply for a new card by filling up the application form....
The Super Savings Account is an upgrade over the normal savings account. It gives you potentially higher returns than the average 4% that most bank ac...
Maximum amount applicable for Instant Redemption will be up to Rs. 50,000; or 90% of the Clear Current Value of investments for folios without the Any...
You can withdraw up to 50% of your deposit or Rs. 50,000 per day, whichever is lesser. For instance, if you have invested Rs.50,000 in your Super Savi...
The money in the Super Savings Account is deposited in Reliance Liquid Fund - Treasury Plan. This fund invests in Call Money/ Cash/ Repo and Reverse R...
The Super Savings Account is not an offering of a bank. It is a liquid fund that gives you advantages of the savings bank account....
The Super Savings Account is ideal for customers who seek higher returns on the money lying around in their savings bank accounts, without missing out...
In case you lose or damage your card, please contact Reliance Mutual Fund for blocking the card. You can apply for a new card by filling up the applic...
The money in the Super Savings Account is invested in the Reliance Money Manager fund. This fund invests in Government Securities, Corporate Debt, oth...
Providing nominee details is mandatory for setting up SIP with Insurance...
As of now, Fincare services is not allowing NRIs to do invest in SIP Insurance....
Currently you wont be able to change the bank account details or the associated mandate once the SIP is set up....
No. Additional investments are restricted for these folios....
Not online. However, it can be done only by offline with the help of customer support. Kindly note that the insurance will get lapsed if the SIP is st...
Yes, exit load is applicable for funds from Birla AMC as listed below: Redemption within 1 year from the date of investment: 2% of fund value Redempti...
Yes, only people between the age of 18 and 51 can invest in SIP with Insurance....
Login to the Fincare services website. Go to the Ínvest’ tab. Under Mutual Funds, there is an invest button on the right hand side. Click on it and se...
If the SIP is done for at-least 3 years (36 installments), Insurance covered will be available till the age of 55 (for Reliance) and 60 (for Birla)....
Currently, revival on lapse of insurance is not supported by any of the AMC's....
When an investment is made through SIP and Insurance jointly, only the first holder of the folio will get the insurance cover....
SIP with Insurance is a product where you get life insurance cover when you set up a SIP. There will be no additional cost for the insurance, but the ...
If two consecutive installments are missed then the SIP will be stopped and insurance cover will get lapse Over all if all 4 installments are missed a...
The SIP insurance amount will be provided by the AMC. To get the complete details kindly go through scheme offer documents available on the AMC’s webs...
SIP with Insurance is completely a separate product and has it own limitations and restrictions, we have chosen to restrict this type of investment to...
Only NACH mandates are supported for SIP with Insurance. In case you don’t have an existing mandate of this type, please set up a new mandate from the...
A Non-Resident Indian is a person who stays outside India for a period of more than 182 days in a financial year for employment or business....
An NRI can either invest directly, or through a Resident by vesting the Power of Attorney with the Resident....
The physical documents are to ensure compliance with the governing bodies for Equities....
If the country you reside in has signed DTAA (Double Tax Avoidance Agreement)with India, your investment is subject to taxation in a single country on...
Certainly, NRIs can invest in Mutual funds in India. However, a demat account is necessary to make any kind of investment as an NRI...
Yes! For add on investors you may need to provide their individual bank accounts which will be used for investments made in their names. Even though t...
Netbanking – To pay using net banking, you need to have your bank account registered with us. This is to adhere to the latest guidelines given to us b...
Well, it means that the documents you provided to activate your Fincare services account is unclear or invalid due to various factors. The specific re...
Here’s how you can register a second bank account to your Fincare services account: Log in to your Fincare services account. Select the ‘My Accounts’ ...
Here’s how you can change your registered bank account with Fincare services: Log in to your account. Click on the ‘My Accounts’ option in the top men...
You may add any number of accounts as add investors, whereas you can add a maximum of up-to three people for a joint investment account with Fincare s...
Fincare services does not share investors’ investment details with any entity other than the ones legally recognized by the Securities and Exchange Bo...
When you change residences, it is important that you send your new address to us so that we can update the same in your Know Your Client (KYC) records...
We do not send passwords by email for security reasons. The password for your Fincare services account is the same as the one that you created when yo...
Yes! it is possible to change the tax status with Fincare services and we also assist in modifying your KYC with the correct tax status , with relevan...
The Securities and Exchange Board of India (SEBI) has made it mandatory for all online investors to be KYC-registered (Know Your Client). Hence, at Fi...
Changing your investment status from NRI to RI is essential to maintain the right information in your investment records, and for taxation purposes. F...
The primary investor’s bank account will be used as the default bank account for the joint investor account....
With Fincare services, you can use a single login ID to access your family’s investments in one place. If you would like to add another person from yo...
It's really simple to use Money Mitr. You may need to login to your Fincare services account and click on "Money Mitr" in the top navigation bar. Now ...
The trigger tool allows investors to set investment triggers based on the performance of the SENSEX, portfolio returns and a particular Net Asset Valu...
This is a FREE personal finance awareness initiative by Fincare services. Unlike other such initiatives available online, FIA is not just a set of vid...
This service gives an investor a personalized report of his investment portfolio – asset allocation, investment style, stock sectors, regions of the w...
A cancelled cheque leaf means an original cheque leaf with ‘cancelled’ written across it. As an online investment service, we have to make sure that t...
No, Fincare services is an online-only investment platform. You can access all our products and services online by simply logging onto...
Yes. Merging of individual accounts is possible in our system. Please write to us at and we will instantly notify our technology team to merge the acc...
Yes, you can. Please do write to us at and we will instantly inform our technology team to remove the additional account, post the removal both the ac...
Yes, of course!! We do have a dedicated logistics team in most of the metro cities and areas to collect documents from the customers. The document pic...
Yes, you can start investing with Fincare services without submitting any documents, and that too, in just five minutes! Our revolutionary ‘Instant In...
Yes! you may need to provide documents if you are not using the Aadhaar based eKYC system of Fincare services or if you want to do complete KYC throug...
No, unfortunately C/O address proof is not a valid document to process KYC....
Yes. Based on your pin code a pick up can be arranged by the logistics team and serviced accordingly. Do call us at 9870681612 when you are ready with...
Currently, Fincare services offers only regular plans....
If you are not aware how to continue with your registration and if you remember which email address you signed up with, then its very simple. Follow t...
Opening a new account with Fincare services is quick, simple and free. You would just have to do the following: - Register online on the Fincare servi...
To update your contact number in our records, please do write to us at with your existing contact number and the number that needs to be updated....
It's very easy to update your contact number on our website if you have just completed the registration and has not used our site to the possible exte...
Well, the error "PAN Invalid" appears when you have entered a wrong PAN number or a not approved format of PAN number or while the Income Tax website ...
Do not worry if you see this error as it means that your PAN number is existing in our database already. Probably you had registered earlier with the ...
Enter your registered email address with us in the username box and click on Submit. Now access you email and click on the link in the mail to set up ...
Here is a checklist to help you: KYC form duly filled and signed Recent color photo (signed across the photo) Copy of PAN Card, notarized (On an A4 si...
In the scenarios where KYC status is not verified, after you complete your online registration with us, you’ll have to finish just one more small step...
First, we would like to let you know that this enterprise Fincare services was founded by a team of people who themselves were NRIs for a significant ...
Memorandum of association (Authorized Signatory sign with company seal ) Articles of association (Authorized Signatory sign with company seal ) Board ...
Fincare services is an innovative online investment platform that offers great products and reliable services. The website was created with one goal i...
The sending and verification of OTP is controlled from the Govt's UIDAI’s system. Any failure in receiving/verification of OTP will be from UIDAI’s si...
It is required that you have the mobile number registered with Aadhaar in order to use the Aadhaar based eKYC system as the sending and verification o...
If you have an account with one of our banking partners, the investment process would be seamless for you. On the other hand, if you don’t, it would s...
HUF is the short form for Hindu undivided family. Due to the development of the Indian legal system, of late, the female members are also given the ri...
Any user who does not have any record in the KRA database is eligible for eKYC. You may check your KYC status by going to https://www.cvlkra.com/kycpa...
According to the Securities and Exchange Board of India (SEBI), the Permanent Account Number (PAN) has been made the sole identification number for al...
No. You need to provide just one mandate for all your SIPs. As long as your SIP amount in any single day is lower than your specified limit in the man...
There are multiple benefits for an investor under the NACH system. Apart from the simple registration process, and faster processing of payments, the ...
A bank mandate is an authorization you give to Fincare services to debit your bank account for monthly investments, as well as other payments. The man...
An ECS or Electronic Clearing System is a method of transaction that is generally used by organisations for bulk payments and repetitive transactions....
The Reserve Bank of India (RBI) has set up a nodal authority for handling all electronic payments in our banking system. This authority is known as th...
The transfer limit is the maximum amount that Fincare services can withdraw on your behalf in a single day. If you set up an SIP or make a transaction...
The NACH system offers electronic bulk payment facilities across the country. The process of registering mandates is faster, and the processing time f...
A bank mandate is required for monthly payments for investments through Systematic Investment Plans (SIPs). The mandate you provide us allows us to de...
To redeem the offline fund you had transferred to your Fincare services account, please follow the given steps: Log in to your Fincare services accoun...
When we process a fund transfer from an externally held account to your Fincare services account, the transfer takes place in two steps. The first ste...
You can transfer your mutual fund investments from outside Fincare services to your Fincare services account to consolidate your holdings. Please note...
No, there are no entry/ exit charges....
Yes, in order to invest through a joint Fincare services investor account, all the investors in that account need to complete their online registratio...
You can redeem your money by selecting the redemption option in your Fincare services dashboard. Standard redemption process takes a few working days ...
The amount will be sent to your bank account within a maximum time of 30 minutes; it usually takes only about 2 -3 minutes....
A maximum of three investors can be added to form a joint investor account with Fincare services....
It is alright if AMC records are showing that you are non-KYC compliant at this time. The way this works is that Karvy or CAMS receive all KYC applica...
The online payment gateway for netbanking usually works without any issues. But on rare occasions, such problems may crop up. In such situations, typi...
The super savings account enables customers to potentially earn higher returns than their savings bank accounts. Customers also get a free ATM+debit c...
Here are some of the benefits of using our platform: Our Platform is a one stop shop for all investment products like Mutual Funds, Equity stocks, NCD...
Your mandate limit is the maximum amount of money you can invest on any given day of a month. It is set at Rs. 25,000 by default, which means that usi...
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