Frequently Asked Questions

Money Objective operates under sole proprietor Persie Jalgaonwala, an AMFI Registered Mutual Fund Distributor holding ARN-337563 and EUIN E641860.

ARN stands for AMFI Registration Number issued by the Association of Mutual Funds in India. It certifies that the distributor has cleared the NISM mutual fund certification and adheres to SEBI code of conduct guidelines.

We are empaneled with over 42 leading Asset Management Companies (AMCs) across India including SBI Mutual Fund, HDFC Mutual Fund, ICICI Prudential, Nippon India, Quant Mutual Fund, Kotak, PPFAS, and Axis Mutual Fund.

A Systematic Investment Plan (SIP) allows you to invest a fixed sum of money at regular monthly intervals into chosen mutual fund schemes. It instills financial discipline, leverages rupee cost averaging, and harnesses long-term compounding growth.

A Step-Up SIP (or Top-Up SIP) allows you to automatically increase your monthly SIP contribution by a fixed percentage (e.g. +10% every year) as your annual income increases. This significantly accelerates corpus accumulation over time.

Yes. Money Objective offers 100% paperless digital onboarding. We assist you with CKYC verification, PAN linkage, and digital bank mandate setup for automated SIP debits via regulated exchange platforms (BSE StAR MF / NSE NMF).

Yes. We specialize in consolidated family portfolio tracking. You can view combined family valuations, overall XIRR returns, asset allocation splits (equity, debt, gold), and tax statements for all family members.

Equity Linked Savings Schemes (ELSS) qualify for tax deductions up to ₹1,50,000 per financial year under Section 80C of the Income Tax Act, with the shortest lock-in period (3 years) among all 80C options.