Frequently Asked Questions

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MF Investments
Why is the invested value less than my actual deducted amount?

From 1st July 2020, a stamp duty of 0.005% gets deducted by authorities from the investment amount. After which, the remaining value gets utilised to purchase the fund units. For example, if you invest ₹1 lakh, the government applies a stamp duty of 0.005%. That's a stamp duty of ₹5 & it gets deducted automatically. So, the amount reflected in your order receipt as the investment cost would be ₹99,995.

Fi partners with the best to secure your money

Federal Bank
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Our partner bank hosts your Savings Account and follows all security standards per applicable regulations.
Your money is always safe with our banking partner - Federal Bank, is covered under the Deposit Insurance and Credit Guarantee Corporation Scheme. This insures your money up to ₹5 lakh.
Fi itself is not a bank and doesn’t hold or claim to have a banking license.
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