How can you invest in trust mutual funds Mutual Funds

To invest in trust mutual funds Mutual Funds through the Lemonn App, you can follow these general steps:

Step 1 : Download the Lemonn App

If you haven't already, download the Lemonn App from the Google Play Store or Apple App Store.

Step 2 : Sign up / Log in

Sign up by providing your phone number and completing the basic registration process.

If you already have an account, simply log in.

Step 3 : Complete KYC

Before investing, ensure your KYC (Know Your Customer) verification is complete. Most mutual fund apps will guide you through this. You’ll need PAN, Aadhaar, and other necessary details.

Step 4 : Search for trust mutual funds Mutual Funds

Once your KYC is done, search for the trust mutual funds Mutual Fund schemes you're interested in by using the search bar.

Step 5 : Choose a Scheme

You will see a list of various funds under trust mutual funds. Explore the options, check their performance, risk profile, and investment objectives.

Choose a scheme that aligns with your investment goals (e.g., equity, debt, hybrid funds).

Step 6 : Decide on the Investment Amount

You can either make a lump sum investment or set up a SIP (Systematic Investment Plan) to invest a fixed amount periodically.

Step 7 : Confirm the Investment

Enter the amount you wish to invest.

Review the details and confirm the payment method (Net Banking, UPI, etc.).

After making the payment, you will receive a confirmation of your investment.

Step 8 : Track Your Investment

You can track the performance of your trust mutual funds Mutual Funds on the Lemonn App dashboard. It will show NAV, returns, and other key details.

If you need any assistance, the Lemonn App usually has customer support or chat options to help. Keep an eye on expenses like entry/exit loads and expense ratios to optimize returns!