How do I transfer my existing mutual fund holdings to GLOSOME WEALTHX PRIVATE LIMITED?

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• Is my money transferred to you and then paid to the asset management company?

  No, your money is transferred to the exchange (BSE/NSE) and the onwards to AMC (Asset Management Company). At no point is your money transferred to GLOSOME WEALTHX PRIVATE LIMITED

• Can I redeem or transact in the folios created online through local mutual fund company's office?

  Yes you can.

• Why choose mutual funds over stocks?

  ? Mutual funds offer diversification, professional management, and lower risk compared to directly investing in individual stocks, especially for those who don’t have time or expertise or lack inclination.

• Does your Organization gurantee any minimum return to the investor or give any indicative returns?

  No, mutual fund investments are subject to market risk. Past performance does not gurantee future returns. Investor must assess their risk profile and consult a professional before investing.

• Do MFDs charge any hidden fees?

  ? No hidden fees. MFDs earn trail commission transparently through the expense ratio of mutual fund schemes, which is regulated by SEBI and clearly disclosed.