Support and FAQs
Understanding Mutual Funds – FAQs for Beginners and Experts
| A mutual fund is an investment vehicle that pools money from multiple investors and allocates it across various assets like stocks, bonds, and more. These funds are professionally managed by financial experts. |
| Fund managers are seasoned professionals who closely monitor the market and carefully select the right mix of stocks, debentures, debt instruments, and government securities to help maximize your investment returns |
| A Systematic Investment Plan (SIP) allows investors to invest in mutual funds through fixed contributions made at regular intervals. These investments are made at the prevailing Net Asset Value (NAV), making it a disciplined and convenient way to grow wealth over time. |
| Mutual funds are broadly categorized based on where your money is invested: Equity, Debt, and Hybrid. Equity mutual funds invest in stocks of listed companies. Debt mutual funds focus on corporate bonds and government securities. Hybrid mutual funds combine both equities and debt instruments to balance risk and returns. |
| Yes, an investor can register up to three nominees in a folio and specify the percentage of the investment each nominee should receive. If no percentage is mentioned, the amount will be equally distributed among all registered nominees. |
Understanding Health Insurance
Health insurance is a contract that covers your medical expenses in exchange for a premium. It helps protect your savings from high hospital bills, covers emergencies, surgeries, and sometimes even preventive care or regular check-ups.
Yes, most policies cover pre-existing diseases, but only after a waiting period (usually 2–4 years) from the date of policy purchase. Always check the terms and conditions for exact details.
Yes, many insurers offer a top-up or super top-up policy that lets you increase your health cover at a lower cost than buying a new policy. These plans activate only after your base policy’s threshold is crossed—ideal for covering high medical expenses while keeping premiums affordable.
Yes, many insurers now cover AYUSH treatments (Ayurveda, Yoga, Unani, Siddha, and Homeopathy) under specific plans or sections. However, coverage may be limited to government-recognized hospitals or certified practitioners.
Yes, many newer health insurance plans now cover modern treatments such as robotic surgeries, stem cell therapy (for specific indications), targeted therapy, immunotherapy, and more. However, coverage varies by insurer and policy, and there may be sub-limits or conditions. Always check the “modern treatment coverage” clause in your policy.
