{"id":1790,"date":"2024-04-25T05:59:03","date_gmt":"2024-04-25T05:59:03","guid":{"rendered":"https:\/\/jamawealth.com\/askguru\/?p=1790"},"modified":"2026-03-02T19:23:15","modified_gmt":"2026-03-02T19:23:15","slug":"is-an-online-operation-in-a-mutual-fund-safe","status":"publish","type":"post","link":"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/25\/is-an-online-operation-in-a-mutual-fund-safe\/","title":{"rendered":"Is an online operation in a mutual fund safe?"},"content":{"rendered":"\n

Yes, it is safe for the following reasons:<\/p>\n\n\n\n

  1. A good online app does not touch (or pool) your money. The funds transfer via net banking is directly to the Mutal Fund company, from your bank account. When you redeem, money reaches your bank account directly.<\/li>
  2. The mutual fund units\/holdings are also safe as they are maintained electronically by the Custodian and Registrar & Transfer Agency. They work for Mutual Fund company and not for the online operator.<\/li>
  3. Good websites and apps come with security features such as encryption, two factor authentication for key transactions, secure PIN etc.<\/li><\/ol>\n\n\n\n\n
    \n

    Maxiom Wealth \u2014 Free Tool<\/p>\n

    Is Your Mutual Fund Working Hard Enough?<\/h3>\n

    Two funds with similar star ratings can deliver very different outcomes. Use our fund comparison tool to check if you’re in the right scheme for your risk profile and investment horizon.<\/p>\n Compare Funds \u2192<\/a>\n Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

    Yes, it is safe for the following reasons: A good online app does not touch (or pool) your money. The funds transfer via net banking is directly to the Mutal Fund company, from your bank account. When you redeem, money reaches your bank account directly. The mutual fund units\/holdings are also safe as they are… Read More »Is an online operation in a mutual fund safe?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,49],"tags":[],"class_list":["post-1790","post","type-post","status-publish","format-standard","hentry","category-mutual-funds","category-platforms-and-demat-mutual-funds"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=1790"}],"version-history":[{"count":1,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1790\/revisions"}],"predecessor-version":[{"id":3336,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1790\/revisions\/3336"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=1790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=1790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=1790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}