Mutual Fund is an investment option through which you can invest in a wide range of securities via a
single platform. They are a perfect fit to get a higher rate of returns against a long term investment.
The objective of Mutual Fund is to promote wealth creation over a period of time which can help you
collect an amount that will not just beat the inflation but will be helpful to meet your financial
With more and more funds flooding the market, it becomes a complicated and confusing task to find a
suitable mutual fund to invest in. With Karvy, it is easier for you to know and choose a scheme which
meets your goals.
Systematic Investment Plan or SIP is a simple investment strategy for the accumulation of a corpus over
a certain period of time. It is pretty similar to Recurring Deposits (RDs). However, the fixed sum will
be regularly invested in the mutual fund scheme for a continuous period of time. It is a method to
invest a fixed amount at regular intervals wherein the investment amount remains the same for the
investor but a number of units can be bought in a declining market and less number of units in a rising
Equity Linked Savings Scheme (ELSS) is a type of Mutual Fund scheme which invests a majority of the
investment amount in equity and equity-related products. ELSS is also one of the tax-saving schemes
which grants tax-relief for the amount of up to INR 150,000 in that fiscal year under section 80C of the
Income Tax Act. It has a minimum lock-in period – 3 years – among all tax-saving investment options.
An NRI is any Indian Citizen residing in India for 183 days or less in the last financial year. It is a
common practice for NRIs to send money to their families in India and one way to do that is to invest in
NRIs (except the residents of US & Canada) can invest in the Mutual Funds through Karvy Online Portal
and can reap the same benefits as any Resident Indian. All they have to do is visit Karvy Online and
start investing in the simplest and most user-friendly way possible.