What is the "Invest with Fund Manager" initiative?
- invest with authorised fund managers and get your cut of the earnings everyday;
- profits from your investments will be distributed on pro rata basis to you and all other users who have invested in the fund;
- profits will reflect in your portfolio, and is redeemable only at the end of each day;
- get fund reports & profit/loss statements on a daily basis over a private Whatsapp group.
- this program is still in its beta testing phase and will roll out inside the app once it has been tested.
What are the benefits of investing with a Fund Manager?
With the help of fund managers you can:
- diversify your investments by investing in a wider range of securities;
- reduce volatility of returns by pooling your funds with other investors in a managed fund;
- have the potential to earn higher profits with an experienced investor.
How does the fund manager program work exactly?
example: Vikas is a Fund Manager. 20 traders invest a total of 500000 in Vikas's fund. He makes a profit of 30,000 and ends up with 530000 in his wallet post trading. His total profit is 6%.
You also invested 5000 with Vikas. Due to pro-rata, you earn 6% of 5000, which is 300. Total revenue = 5300.
Where does the fund manager invest?
- Fund managers invest in events across various categories. The primary category of each fund manager can be viewed on the Community article Invest with Fund Managers.
- Based on various factors like liquidity, volume, volatility & market trends, each fund manager chooses from a variety of events and invests certain percentages of the investment amount in them.
- While you can't access the strategy each fund manager uses, their investment portfolios will be shared over time.
How can I invest with a fund manager?
- Visit this website and select a fund manager from the list by looking at their past performance;
- Click on the blue button below each fund manager's information to make the investment;
- Upon payment, you'll receive a Whatsapp message with the link of the fund manager's group;
- Your funds will be transferred to the selected fund manager's TradeX wallet for investment;
- A minimum investment of 100 INR needs to made with any fund manager.
How do I withdraw my money from a fund?
- Withdrawals are possible at the end of each day (post 11 pm) and the withdrawal link for each fund manager can be accessed from their Whatsapp groups;
- Whatever amount your redeem will be debited from the Fund Manager's TradeX wallet to yours (minus the handling fees);
- Each trading cycle begins from 9 am IST to 11 pm IST. You can withdraw your money during off hours, i.e. after 11 pm;
- If you do not withdraw your amount, it will automatically get reinvested in the next day's trade.
- There is no limit on the withdrawal amount.
What is the minimum investment period?
- There is no minimum investment period with any fund manager, however, post investment, you'll have to complete 1 full trading cycle before you can withdraw your funds.
Will I be in profit every day?
- Profits vary every day. The Average Return Percentage is based on the fund manager's trading performance over a period of 6 months.
- Each fund manager tries to accumulate the maximum profit per cycle based on their risk profiles.
Is there a possibility to loose all my money?
- The chances of loosing all your money is extremely low because all fund managers are experienced and will not incur high risks.
- However, in case of extreme market volatility, there can be chances of heavy losses.