Money Surge FundBox is designed for long-term investors who desire to earn considerably high returns and ready to take a risk. Its design strategy focuses primarily on returns.
Asset Allocation in this FundBox is heavy towards Equity (around 72%) and also contains International Equity, Debt, and Cash for diversification and stability.
Expected returns from this FundBox are 12% to 14% p.a. Investors having 6 years and above time frame can go for this FundBox. The risk involved in this FundBox is moderately high as it contains global exposure.
You can withdraw money from this FundBox at any time after investing, but preferably after the completion of 6 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.