Can I withdraw my funds anytime?

Absolutely! Except for tax saving (ELSS) schemes which are mandated to be locked-in for 3 years, Moneyjar allows you to withdraw your funds whenever you wish to. There might be a specific mutual fund house mandated exit load on certain funds if you withdraw them before a certain time period.

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What if I miss a SIP instalment?

This event would occur if you do not have adequate balance in your bank account on the SIP debit date or the SIP Setup has not been approved yet. While missing a SIP instalment is not recommended and has its obvious disadvantages, it does not pose a serious issue transactionally. The payments will continue normally […]

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Can I setup my SIP online?

Yes, one of the best parts of investing with Moneyjar is the ability to setup the SIP online. Once you invest in a jar through an SIP, go to the Documents section where you will find information on how to setup the SIP by adding a biller in your net-banking console. Can’t figure it out? […]

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Why is there a lag between the money getting debited from my account and seeing my investment details on the dashboard?

The allocation of your investments is dependent upon the TAT’s for processing by the fund houses. Moneyjar sends the investment details to these fund houses through BSEStar and the respective RTA’s and displays them on your dashboard as soon as we receive details of the allotment of your investments. This typically takes about 2-3 working […]

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