Mutual Funds

A Convenient Way to Invest in the Market

A Mutual Fund is an investment vehicle that pools money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities. Instead of investing in individual assets, you invest in a fund managed by professional fund managers, giving you exposure to a variety of investments with a single purchase.

Types of Mutual Funds:

Equity Funds: Invest primarily in stocks, offering the potential for higher returns but with higher risk.
Debt Funds: Invest in bonds and fixed-income securities, offering lower risk and more stable returns.
Hybrid Funds: A mix of equity and debt, aiming to provide both growth and stability.
Index Funds: These track a specific market index (like the Nifty 50), offering a passive investment approach with lower costs

Systematic Investments in Mutual Funds:

SIP (Systematic Investment Plan)

A Smart Way to Invest Regularly: A Systematic Investment Plan (SIP) is a disciplined approach to investing, where you contribute a fixed amount of money at regular intervals, such as monthly or quarterly. This strategy helps you build a consistent saving habit and provides the opportunity to grow your investment over time as the market increases in value.

SIP is a great choice for investors looking to build wealth steadily, with minimal effort, and without worrying about short-term market fluctuations.

SWP (Systematic Withdrawal Plan):

Easy Access to Your Investment: A Systematic Withdrawal Plan (SWP) allows you to withdraw a fixed amount of money regularly from your mutual fund investment. It is ideal for those who want to convert their investment into a regular income stream, such as for retirement or monthly expenses.

STP (Systematic Transfer Plan):

Smooth Transfer Between Funds: A Systematic Transfer Plan (STP) allows you to transfer a fixed amount from one mutual fund to another at regular intervals. This is useful for investors who want to move funds between different types of mutual funds—like from a debt fund (for securing investments) to an equity fund (for growing investments), for example—without needing to do a lump sum transfer.


SIP:	Invest a fixed amount regularly in mutual funds to build wealth over time.
SWP:	Withdraw a fixed amount regularly from your mutual fund investment to create a steady income stream.
STP:	Transfer a fixed amount between mutual funds at regular intervals to adjust your portfolio based on changing financial goals or market conditions. Each of these plans offers a systematic approach to managing your investments, whether you're looking to grow your wealth, generate regular income, or adjust your investment strategy over time.

Application Process –

FAQs

AMC Partners

Jana Small Finance Bank Limited (“JSFB”) is a distributor of these AMC Partners . JSFB does not control the AMC Partners and bears no responsibility for the same. Mutual fund investments are subject to market risks. Please read all scheme-related documents carefully before investing.

ICICI Prudential AMC: https://www.icicipruamc.com/
SBI Mutual Fund : https://www.sbimf.com/
Axis Mutual Fund : https://www.axismf.com/
Kotak Mutual Fund: https://www.kotakmf.com/

What is Net Asset Value (NAV) of a scheme?

NAV is the unit price of a mutual fund scheme. The performance of a particular scheme of a mutual fund is denoted by Net Asset Value (NAV). NAV indicates the price at which investors buy or redeem mutual fund units.

NAV of a fund changes every day as a result of changes in the market price of the securities that form a part of the portfolio. Therefore, NAV is determined on a daily basis and required to be disclosed by the mutual funds on a daily basis. NAV of schemes has to be updated in accordance with time lines mentioned under:
T = date of transaction in mutual fund units in India

Sr.no	Scheme Type	Timeline
1	All schemes other than those mentioned below	11 PM on T day
2	Schemes with exposure to ETCDs (Exchange Traded Commodity Derivatives)	9 AM on T+1 day
3	Fund of Funds (FoFs) schemes	10 AM on T+1 day
4	Schemes investing at least 80% of total assets in permissible overseas investments	10 AM on T+1 day
5	Index funds and ETFs investing at least 80% of total assets in permissible overseas investments	10 AM on T+1 day
6	Schemes unable to disclose NAV as per timeline above due to valuation issues	As per disclosure in SID, with reasons for delay

Documents Required for mutual funds investments:

Document	Purpose	Remarks
PAN Card	Mandatory for identity & tax purposes	Essential for all investors
Proof of Identity (POI)	KYC verification	Passport, Driving License, Voter ID, etc
Proof of Address (POA)	KYC verification	Utility bill, bank statement, Passport, etc.
Passport-sized Photograph	Identification	Recent photo for application
Cancelled Cheque or Bank Statement	Bank account verification	For linking bank account for transactions
KYC Acknowledgment	Proof of KYC compliance	Issued by KRA or via in-house KYC process
Risk Profiling and Investment Objective	Assess investor’s risk tolerance	To be filled while creating Investor Account
Additional Documents (for NRIs)	Proof of NRI status and overseas address	Passport, OCI card, overseas address proof, as applicable

SEBI’s Cut-off Timings for Mutual Funds Investments (as of 1 July 2025):

Scheme Category	Subscription (Purchase) Cutoff Time	If Submitted before Cut-off Time	If Submitted after Cut-off Time	Redemption (Sale) Cutoff Time	If Submitted before Cut-off Time	If Submitted after Cut-off Time	TAT
Liquid & Overnight Funds	01:30 PM	NAV of same business day	NAV of same business day	03:00 PM	NAV of same business day	NAV of next business day	T+1
Other Debt Funds & Conservative Hybrid	01:30 PM	NAV of same business day	NAV of next business day	03:00 PM	NAV of next business day	NAV of next business day	T+2
Equity Funds & Aggressive Hybrid Funds	03:00 PM	NAV of same business day	NAV of next business day	03:00 PM	NAV of next business day	NAV of next business day	T+2

“Business Day” does not include a day on which the Markets are closed or otherwise not accessible.
Redemption from international funds / FoF Overseas may take upto T+6 days.

Confirm KYC status of the investor:

	9am to 11am		11am to 2pm
	2pm to 5pm		5pm to 7pm
	7pm to 9pm		Immediate

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