faqs

Mutual funds are a type of investment where the investors pool their money and invest in stocks, bonds, and other securities. They can be profitable if you choose the right fund and also if you are invested in it for the long term.

The first and foremost step is to decide on how much risk you are willing to take and investment tenure. Once you decide this, you can easily select the best mutual fund for you.

Mutual fund investors can withdraw their funds anytime they want to if they have invested in open-ended funds. You cannot do the same if it's an ELSS mutual fund.

Due to your support and trust we are now in the top 10 distributors in Pune. Hence, we have to undergo due diligence audit from Sebi every year, in there audit they had a question on succession planning and they suggested us to convert it to Pvt Ltd company so that the customer will get uninterrupted and transparent services in future.

The account opening process is completely free and paperless at Acornia. If you have all the necessary details in place, it takes just 1 Day.

Yes. For tax purposes, mutual funds are segregated into equity-oriented and debt-oriented. If the investment made in equity-oriented Mutual Funds is for less than 12 months, you have to pay 20% tax on returns. For any duration exceeding that, you will have to pay 12.5% on gains exceeding ₹1 lakh. Furthermore, if a fund's exposure to stocks is less than 65%, capital gains will be as per your tax slab if the holding period is less than 36 months. If the holding period exceeds 3 years, capital gains are taxed at 20% after the indexation benefit.

Mutual funds offer returns to their investors’ returns in two forms - dividends and capital gains. Dividends are paid out when the company makes profits (if any). If the company has performed really well and is left with surplus cash, it may decide to share the same with investors in the form of dividends. Thus, dividends are rolled out to investors proportional to the number of mutual fund units held by them. A capital gain is the profit earned by investors in case the selling price of the security held by them is greater than the purchase price. Both dividends and capital gains from mutual funds are taxable.