Name: Stock Advisory service In India
Brand: Univest
Rating: 4.4 (197000 reviews)

Question 1

What are mutual funds?

Accepted Answer

A mutual fund is a professionally managed investment vehicle that pools money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities.

Question 2

How can I invest in mutual funds through Univest?

Accepted Answer

You can invest in mutual funds through the Univest app. Simply download the app, complete your KYC, and start investing in a wide range of mutual fund schemes.

Question 3

What types of mutual funds are available?

Accepted Answer

Univest offers access to various types of mutual funds including equity funds, debt funds, hybrid funds, index funds, ELSS (tax-saving funds), and liquid funds.

Question 4

Is there a minimum investment amount for mutual funds?

Accepted Answer

Yes, most mutual funds have a minimum investment amount starting from as low as Rs. 500 for SIP (Systematic Investment Plan) and Rs. 1000-5000 for lump sum investments.

Question 5

Are mutual fund investments safe?

Accepted Answer

Mutual funds are regulated by SEBI (Securities and Exchange Board of India) and managed by professional fund managers. While they are subject to market risks, they offer diversification which helps manage risk.

Mutual Funds Advisory