Can I redeem my investments anytime?
Yes, inbound mutual funds on Belong are open-ended funds. You can place redemption requests anytime. Redemption to your Belong wallet can take upto 7 working days.
Note: If you invest in NFOs then you can't redeem your investments till the fund opens for regular investments and redemptions.
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What happens to my Mutual Fund investments if I become a resident Indian?
Since inbound Mutual Funds are exclusively for NRIs, it’s ideal that you redeem all your GIFT city mutual fund (inbound/investing into India) investments prior to becoming a resident Indian. If not redeemed before becoming a resident Indian, the ...
In which currency can I invest and redeem?
You can invest and redeem in USD. You can add funds to your Belong USD wallet and then invest and redeem. To know more about adding funds to your Belong wallet please check the Belong wallet section.
What returns can I expect from equity Mutual Fund investments?
For equity Mutual Funds, the value of investments may fluctuate with stock market volatility. Returns are not guaranteed. Equity Mutual Funds are known to be more volatile in the short term but have historically given 10-14% in the long term (5-7 ...
Is there any lock-in period?
No, there is no lock-in. You can redeem your investments whenever you want. There is no exit load or penalty either. Note: As with all NFOs, if you invest in the NFO period, there is a lock-in till the fund opens the scheme for regular investments.
What is the minimum investment amount in this fund?
The minimum investment amount for this fund is USD 500. After that, subsequent additional investments can be made from USD 100.