This FundBox is specially designed for creating corpus for ‘Healthy Retirement’. The purpose of this FundBox is to plan the ‘Retirement’ in advance, at an early age. Hence, this FundBox is a reminder for you to start investing for retirement.
Asset Allocation of this FundBox is heavy towards Equity Asset Class (around 97%).
Returns in this FundBox can be volatile at times and depend on performance of share market. Being aggressive, it can generate high returns over long term but can sometimes show negative returns in short run, if the markets are not performing well.
This FundBox is designed for a long-term purpose with minimum time frame of 8 years and above.
Though short-term withdrawal is not at all 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 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.
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