This is the second FundBox in Flourish family. Flourish Plus FundBox is designed for long-term investors with pro-growth mindset. Its design strategy focuses primarily on asset allocation.
Asset Allocation in this FundBox is heavy towards Equity (around 59%) but also contains Debt (around 33%), Gold, and Cash to provide stability.
Returns in this FundBox are expected to be high in the long term but can be volatile in short term. Above-average risk-takers can invest in this FundBox.
This FundBox is designed for a long-term investment considering minimum time frame of 6 years and above.
Though short-term withdrawal is not advisable, you can withdraw money from this FundBox at any time after investing, as there is no lock-in period. You can get money in your bank 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.