As per the name, Decent Money is designed for investors who are not very comfortable with the high volatility of the share market and desire to have portfolio stability. This FundBox invests across various asset classes. Its design strategy focuses primarily on returns.
Asset Allocation in this Decent Money FundBox is heavy towards Equity (around 58%) but also contains small International Equity, Debt, Gold, and Cash for diversification.
Investors can expect fair returns with reasonable risk. Returns from 8% to 10% p.a. is expected. Investors having 3 years and above time frame can go for this FundBox. The risk involved in this FundBox is moderately low.
You can withdraw money from this FundBox at any time after investing, but preferably after the completion of 3 years. There is no lock-in period. You can get money in your bank in 3 to 5 working days. Short Term withdrawal is not recommended.
Exit load differs from scheme to scheme. Few schemes may have an exit load up to 1% of the withdrawal amount. Please check the scheme details.