Yes, equity savings funds are hybrid funds that invest in equity and debt securities. Equity investments also carry the risk of volatility.
Equity Savings funds are suitable for conservative investors seeking equity exposure. Investors with moderate risk tolerance looking for a mix of different asset classes can consider equity savings funds.
Yes, you can withdraw money anytime from equity savings funds by placing a redemption request, and funds are credited to your account in 3-4 business days.
Yes, equity savings funds invest part of the corpus in stocks and are suitable for long-term investment and growth.
You can start investing in an equity savings fund with an amount as low as Rs. 100.