Frequently Asked Questions
What is a Mutual Fund?
A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities like stocks, bonds, or short-term debt.
How do I start investing with Green Candle Money Mart?
You can start investing by exploring our mutual fund offerings, selecting a fund that matches your financial goals, and proceeding to invest by creating an account.
What is NAV?
NAV stands for Net Asset Value. It represents the per unit/share price of the mutual fund. It is calculated by dividing the total value of all the cash and securities in a fund's portfolio, minus any liabilities, by the number of outstanding shares.
Is there any risk in Mutual Funds?
Yes, mutual fund investments are subject to market risks. The value of your investment may go up or down depending on the performance of the markets. It is important to read the scheme related documents carefully before investing.
Can I withdraw my money at any time?
Most mutual funds are open-ended, meaning you can redeem your investment at any time at the current NAV. However, some funds like ELSS have a lock-in period of 3 years.
Still have questions?
Contact Support