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General Questions

NAV is the per-unit value or per-unit price of a particular mutual fund scheme. The number of units allotted to an investor depends on the fund’s NAV.
Mutual fund transactions are made entirely in the name of the investor, and no money is retained by Fundscart on behalf of the investor. We only facilitate the money transfer for making investments. When an investor makes an investment, the money is sent directly to the respective Asset Management Company (AMC) towards the investment. In the rare cases where the money transfer does not succeed, the amount will be refunded to your account within two business days.
A minimum amount of Rs 1000 is required for SIP investment.
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 types of securities. Buying a mutual fund is like buying a small slice of a big pizza. The owner of a mutual fund unit gets a proportional share of the fund’s gains, losses, income and expenses.
Yes, NRIs can open a Fundscart account and invest in mutual funds through us.
There are no charges when you transact with us. Your Fundscart account is free for lifetime. We earn through trail revenue which we receive from mutual fund houses.