Index Fund Corner
Sponsored
| Scheme Name | 1-Year Return | Invest Now | Fund Category | Expense Ratio |
|---|---|---|---|---|
| Axis Nifty 50 Index Fund | +32.80% | Invest Now | Equity: Large Cap | 0.12% |
| Axis Nifty 100 Index Fund | +38.59% | Invest Now | Equity: Large Cap | 0.21% |
| Axis Nifty Next 50 Index Fund | +71.83% | Invest Now | Equity: Large Cap | 0.25% |
| Axis Nifty 500 Index Fund | — | Invest Now | Equity: Flexi Cap | 0.10% |
| Axis Nifty Midcap 50 Index Fund | +46.03% | Invest Now | Equity: Mid Cap | 0.28% |
“India Post’s presence in even the remotest corners makes it an ideal partner,” said the Ministry of Communication in a release.
KYC (Know Your Customer) is mandatory to invest in mutual funds. Once updated with one fund house, the KYC status applies across all AMCs.
What doorstep KYC brings:
Access: Rural residents and those with mobility issues can now complete KYC from home.
Convenience: No travel needed. Verification happens at your doorstep.
Inclusion: More people can now enter the mutual fund space.
Efficiency: The process is quicker and avoids the usual delays of offline KYC.
How to use the service:
Download the KYC form from a KRA or AMC website.
Fill in details—name, address, PAN, and contact info.
Attach self-attested documents and submit them to the KRA, R&T agent, or AMC office.
India Post will visit your home for in-person verification.
It may take up to a week for the KYC update to reflect in your account.
ALSO READ | HDFC Bank cuts MCLR by 10 basis points across tenures