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 years or more).
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What returns can I expect from this fund?
The benchmark for this fund is NIFTY 500. 5 year returns of NIFTY 500 have ranged from 10-15% p.a. in USD terms in the past. The fund will target to achieve similar returns but as with all market linked investments, performance is not guaranteed and ...
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 ...
What is the Tata India Dynamic Equity Fund (IFSC - GIFT City)?
It is a retail feeder fund launched by Tata Asset Management at GIFT City, India’s international finance hub. The fund invests in Tata Mutual Funds in India across large-cap, mid-cap, small-cap, ETFs, and sector/thematic funds, offering NRIs a ...
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 ...
Does Belong give regular or direct Mutual Funds on the app?
Belong offers direct Mutual Funds so Belong also doesn't earn any commissions that eat into your returns. We are one of the few MF providers that give direct MFs to NRIs too. There are no additional fees or charges that we apply for Mutual Fund ...