It is said that “Marriages are made in heaven”. You cannot foretell who will marry whom. But, having said that, you can foretell and calculate the amount you will need to make that day more special. We have designed the “Elegant Marriage FundBox” for this reason.This is a perfect investment for parents planning to build funds for a perfect marriage for their child.
Being a purely Equity FundBox, Asset Allocation is high towards Equity Asset Class (around 97%).
The risk involved in this FundBox is high so are the expected returns. Volatility is on the higher side and the performance depends on the share market. Sometimes this FundBox can show negative returns in the short run if the markets are not performing well.
This FundBox is designed for a long-term purpose with a minimum time frame of 7 years and above.
You can withdraw money from this FundBox at any time after investing, as there is no lock-in period, however, short-term withdrawal is not at all advisable. You can get money in your bank account in 3 to 5 working days.
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.