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Absolutely! You can withdraw your funds from Finpick at any time, with the exception of tax-saving (ELSS) schemes, which have a mandatory 3-year lock-in period. Some mutual funds may impose an exit load if you withdraw them before a specified time period.

Yes, you can make partial withdrawals from your Finpick account. You have the option to withdraw up to 90% of the current Finpick value using the partial withdrawal option. If you wish to withdraw more than 90% of the total Finpick value, you must select the "full withdraw" option. When you opt for a full withdrawal, the entire amount will be credited to your bank account within 2-3 business days, and all your existing SIPs within that Finpick will be stopped.

Typically, it takes 2-3 business days for the money to be credited to your bank account following a successful withdrawal request.

Yes, one of the convenient features of investing with Finpick is the ability to set up your SIP online. After you've invested in a Finpick through an SIP, you can find instructions on how to set up the SIP online in the Documents section. If you need assistance, feel free to contact us, and we'll help you through the process.

If you already have an SIP set up in a Finpick you're invested in, you can: Increase the monthly SIP amount. Stop the SIP at any time. When you stop an SIP, the amount already present in your Finpick remains. No further instalments will be debited from your account. However, if you stop the SIP very close to the debit date, there is a chance that one more instalment could be debited from your account.

When you create or increase an SIP on the Finpick platform, you are starting SIPs in multiple mutual funds that are part of your Finpick. Each fund may have different debit dates or times, which can result in multiple debits from your bank account. However, the total amount debited will always match the SIP amount you've set in your Finpick.

Missing a SIP instalment can happen if your bank account doesn't have sufficient balance on the SIP debit date or if the SIP setup has not been approved yet. While it's not recommended to miss a SIP instalment and has its disadvantages, it does not pose a serious transactional issue. Payments will continue normally from the next month, and there is no fine or penalty for the missed SIP. However, note that some mutual fund houses may stop your SIP if more than 3 months of SIP instalments are missed.

The NACH mandate is generated and required to be signed and sent to us whenever you start a new SIP or increase your SIP amount. It allows mutual fund companies to automatically debit the amount you've specified from your bank account. You can find the NACH form in the 'Documents' section of your dashboard. We also offer the option to set up your SIP online, eliminating the need for paper-based forms.

The NACH mandate form typically takes about 15 working days to get approved after we receive it. Unfortunately, this processing time is specific to your bank, and we cannot expedite it. You can help reduce the total time to start your SIP by sending us the NACH mandate as soon as you place an SIP Order. Additionally, we offer the option to set up your SIP online, eliminating the need for paper-based forms.

You can top up your SIP by making additional lumpsum investments. Increase your SIP amount for regular investments. Partially or fully withdraw the money from your Finpick.

can be in one of three states: Pending: When it has not been funded yet. You can edit parameters and fund it by clicking on "Continue Construction." In Process: After it has been funded for the first time. The duration varies based on the mode of investment. Active: A Finpick in an active state allows various actions like additional investments or withdrawals.

Minimum investment amounts vary based on the mutual funds within the Finpick and the investment mode (lumpsum or SIP). You will be informed of the minimum amounts when setting up your Finpick or making follow-up investments.

No, the money goes directly from your account to the mutual fund company, which in turn allots units to you in the chosen mutual fund scheme.

Investment allocation depends on processing times by the fund houses. Finpick sends investment details to the fund houses through BSEStar and respective RTAs. Details are displayed on your dashboard once we receive allotment information, typically taking 2-3 working days.

No, there's no limit to the number of SIP you can create. It's encouraged to have different SIP for various financial goals.

Yes, you can make short-term investments. Some mutual funds with risk profiles similar to fixed deposits, such as debt mutual funds, provide a tax-efficient alternative to idle savings accounts or less efficient fixed deposits. On Finpick, there are pre-made Finpick options for shorter-term investments like the Safe Finpick. Additionally, when building your own Finpick, you can specify a shorter timeframe, and Finpick will help you construct a suitable portfolio for that timeframe.

Answer -Your bank account details are required so that we can register the same with the mutual fund houses. They need the details to ensure that you are investing from your account only and also to credit back the money when you redeem your funds. Giving your bank account is completely safe as no one can withdraw money from your account by just knowing your bank details. Additionally, we use bank-grade security to keep your personal information safe.

Answer -To ensure authenticity, it is essential to verify the contact details of the person under whose name the investments are being done. This ensures identity proof as well as ensuring sanctity of information.

Answer -A KYC compliant investor does not need to provide any documents! A KYC non-compliant investor will need to submit a proof of address (Passport/Voting Card) in addition to PAN. You can either upload the documents on the website while going through registration or email/WhatsApp them to us!

Answer -Changing your PAN Number is not possible in the existing investments. Please contact us at contact@finpick.in for any other changes.

Finpick is an investment advisor and facilitator. Your money never passes through our bank account. It goes directly into the pool account of the mutual funds, which are promoted by financial conglomerates like HDFC, ICICI, SBI, etc. Your investments are in your name, and you can even withdraw directly through the Mutual Fund House. Our technology partnership with Bombay Stock Exchange and BillDesk ensures safe and transparent transactions.

We prioritize the security of your funds. The Finpick website is fortified with enhanced bank-grade Extended Validation (EV) SSL security certificates. Transactions are conducted through BSEStar, operated by one of India's largest stock exchanges.

In the unlikely event of Finpick shutting down, your investments remain secure as we don't hold your money at any point. Investments are directly held in your name with the mutual fund house. You will retain control of your investments directly through the mutual fund house.

You can reach us by email at contact@finpick.in, call us at +91 7887885889 (11 AM - 7 PM on weekdays), or WhatsApp us at +91 787885889. For more details, please refer to the Contact Us page.

Transactional queries receive priority with a 24-hour turnaround time (TAT), while non-transactional queries will be responded to within 48 hours. We aim to assist you promptly. If I don’t know anything about investing, who should I call at Finpick? We welcome personal interactions through phone calls and will arrange one once you contact us at contact@finpick.in or through our Contact Us page.

Our CEO is happy to hear from you directly at nikhil.gaud@finpick.in.

Mutual fund houses send statements at periodic intervals. You will also receive a Consolidated Account Statement (CAS) monthly from the Registrar Transfer Authority (RTA) with details of all investments. You can download the CAS on-demand by visiting https://www.camsonline.com/InvestorServices/COL_ISAccountStatementCKF.aspx and entering relevant details.

Please email us at contact@finpick.in to initiate a change in bank account details. Investments made following the bank change can be done from the new account. However, for existing investments, redemptions will happen in the old bank account unless specific requests are made to each fund house. We can guide you through this process.

You can close your Finpick account anytime by sending an email to contact@finpick.in. Your mutual fund investments will remain unaffected, and you can choose to continue or withdraw them.

Finpick is a modern wealth investment platform that simplifies and enhances your investment experience. It converts your financial goals into actionable advice, executed seamlessly on its online platform. Finpick challenges traditional wealth management, offering simplicity and reward in investment management.

Finpick's services are entirely free to users. We earn revenue through a small fee from the mutual fund houses you invest in.

No, a demat account is not required for mutual fund investments. Mutual fund units are stored electronically, and you can track your units through your Finpick dashboard or statements sent by the mutual funds.

Currently, we offer services exclusively through Finpick's web platform. iOS and Android apps are in development.

Check our Jobs page or email your resume to contact@finpick.in. Join our dynamic team!

Currently, only Indian tax residents can invest on Finpick. We don't support joint accounts, but you can create separate accounts for family members. NRIs and corporate entities can contact us at contact@finpick.in for customized account setup.

Three Steps. 1.Sign up and complete registration. 2.Choose a SIP based on your goals. 3.Invest through net-banking or set up an OTM. You're done!

All investments are held in your name, and the bank account used for investments must be in your name due to regulatory policy.