There are three ways to set up a mandate on RankMF: OTM (One Time Mandate) – an electronic mandate registered either through net banking or via Aadhaar-based authentication, which stays valid for future SIP debits once approved. UPI Mandate – set up directly through your UPI app, where you approve […]
What is a mandate, and why do I need to set one up for my SIP?
A mandate is the authorisation that lets RankMF auto-debit your bank account for your SIP instalment, on your chosen date, every month without needing your manual approval each time. Without an active mandate, your SIP can’t run automatically. You can set one up from My Investment > Mandate Registration on […]
Does RankMF offer NPS (National Pension System), and how do I get started?
Yes – RankMF lets you invest in NPS to plan for your retirement, alongside mutual funds and fixed deposits. To get started, you’ll first need a PRAN (Permanent Retirement Account Number) this is your personal retirement account number, and it’s what everything else is built on. On RankMF, go to […]
Does RankMF offer Corporate Fixed Deposits, and how do I invest in one?
Yes – under Products > Fixed Deposit on RankMF, you can explore and invest in fixed deposits from top-rated NBFCs like Shriram Finance and Mahindra & Mahindra Finance. Each provider shows you the interest rate for different tenures, ranging from 12 months up to 60 months, so you can compare […]
What are RankMF Baskets, and which goals can I use them for?
A basket is a ready-made group of mutual funds built for a specific goal tax saving, retirement, your child’s education, or simply growing your wealth over time. The funds inside each basket are chosen using RankMF’s research, matched to that goal’s time horizon and risk level. You can invest either […]
What is Step Up SIP, and how do I increase my SIP amount automatically?
Step Up SIP raises your SIP amount on its own each year, so you don’t have to remember to do it manually as your income grows. To set it up, log in to your RankMF account, pick the fund you want to invest in, choose Step Up SIP, and set […]
What is SmartSIP+, and how is it different from SmartSIP?
SmartSIP+ works exactly like SmartSIP, with one key addition: a top-up. When the market looks especially undervalued, SmartSIP+ debits an extra amount, equal to your regular instalment, and invests that additional amount into the equity fund on top of your usual instalment. So in a month where prices are attractively […]
What is SmartSIP, and how is it different from my regular SIP?
A regular SIP invests the same amount every month, no matter what the market is doing. SmartSIP invests the same fixed installment amount too but instead of always buying units in your chosen equity fund, it decides where that money goes based on how the market is priced. When prices […]
What is OnTrak, and how does it help me stay on the right path with my investments?
OnTrak looks at your financial goals and current portfolio, then keeps you posted on whether your money is invested the right way to reach them. You start by picking the investor profile that fits you best RankMF has 13 personas to choose from, based on things like your risk appetite, […]
I applied for an NFO – when will I actually receive my units?
NFO units are typically allotted within five business days of the NFO closing, after which the scheme reopens for regular purchase and redemption at the prevailing NAV. You won’t see the units in your portfolio during the NFO period itself; they only reflect once allotment is complete, so a short […]