Investment Bank Account
Redemption Bank Account
Add Bank Account
Investment Bank Account
Investment Bank Account
Investments can be made from your verified bank account on Colour Funds via Netbanking and UPI.
Automated SIP investments can be done from registered AutoPay of any of your verified bank accounts.
Maximum 5 banks you can add for investments, you have to make one bank as default bank.
We update your portfolio when we receive unit allocation and payment confirmation from the AMC(s). This may take upto 2 to 3 business days from the date of your successful payment depending on the type of mutual fund scheme you have invested in. Meanwhile, you can track your transactions from the "Transaction" tab which can be accessed from "Profile" menu.
Redemption Bank Account
Redemption Bank Account
Whenever you place a redemption request, you have to authenticate the link send by sms /email and the money will be credited in the bank account which is marked as default bank on Colour Funds.
Once you place a redemption request, the Bank Account to which the amount is credited is displayed to you and also shared in the email you receive.
Firstly, check which Bank Account is linked and set as default option on Colour Funds.
Depending on the type of Mutual Fund, timeline for redemption or withdrawal of amount to Bank Account is as follows:
a. Equity Funds: 2-3 working days
b. Balanced Funds: 2-3 working days
c. Debt Funds: 1-2 working days
d. Insta - Redemption Funds: Instant credit upto Rs.50,000 or 90% of your Investment whichever is lower and remaining credited in next 2 working days.
Add Bank Account
Add Bank Account
In Profile section, you can add a New Bank Account under the "Bank Accounts" section.
Add required details for new Bank Account, upload the proof of account and post verification it will be listed here for you to make Investments from this Bank Account.
While we add the account instantly post verification, it takes 7-10 business days to register this account with respective AMCs.
You can add maximum 5 Bank Accounts to your Colour Funds account.
However only one account can be set as default option to which Redemptions can be made. While we add the account instantly post verification, it takes 7-10 business days to register this account with respective AMCs.