1Fi, short for OneFinancial, is an innovative investment platform for the new age investor. 1Fi enables investor to earn the returns of equity while enjoying the peace of mind of fixed deposits. 1Fi offers two financial products – Mutual Funds investment and Loan against Mutual Funds, combination of which allows the investors to invest for the long run without ever worrying about liquidity

Unlike other platforms that simply facilitate investments, 1Fi offers a comprehensive solution by allowing you to invest in a diversified portfolio of mutual funds (tailored for each client) and also leverage your investments to access loans at the lowest rate of 8% per annum. Our digital process ensures quick, flexible, and secure transactions without any hidden charges.

The entire process is 100% digital, and no physical documents are needed. You’ll need your PAN card number, email ID associated with your mutual funds, bank account details for verification, and debit card or net banking details for setting up the mandate.

Your mutual fund units are held directly with the mutual fund AMC, ensuring that your investments are secure. 1Fi never touches or holds your units. You have complete access to your investments directly through the AMC.

Once you take our KYC survey and help us understand the amount you want to invest, you can simply click on “Invest” button and make the payment through UPI, NEFT, or Net Banking. Our team of inhouse experts will work on designing a high return and low risk portfolio for you in the background and your purchase order will be placed with the relevant AMCs within 24 hours. Your units will be allotted once the transaction is cleared by the AMC.

To redeem your mutual funds, place a redemption order through the platform. The AMCs will process your request and transfer the amount to your registered bank account within 1-5 business days, depending on the AMC and bank. However, we strongly advice our investors to not redeem their mutual funds and instead opt for Loan against securities to continue taking the advantage of compounding and maximize wealth creation.

Loan against mutual funds (LAMF) allows you to borrow money against your mutual fund investments without losing ownership of your units. This facility provides an overdraft limit that you can use as needed, with interest charged only on the utilized amount.

To be eligible for a loan, you must be an Indian resident between 18 and 65 years of age with a mutual fund portfolio worth at least ₹1,00,000. No minimum credit score or income requirements apply, making the process accessible and straightforward.

You can set up a credit line ranging from ₹25,000 to ₹1 crore, depending on your mutual fund portfolio. The credit line is set up instantly and is available for use as an overdraft facility. The amount of credit line will depend upon the value of your mutual funds. For equity mutual funds 50% can be availed and for debt mutual funds 80% can be availed (please note that these LTV (loan to value) % limits are set by RBI (Reserve Bank of India) and it is not possible to go beyond these limits.

No fixed EMIs are required. You only need to pay the monthly interest on the utilized amount. The principal repayment is flexible, and you can repay as per your convenience. For example, if you borrow Rs. 1,00,000, your monthly interest will be just 0.66% or Rs. 667 which will be required to be paid.

Interest is calculated daily on the utilized amount of the credit line, not on the entire approved limit. If you repay the used amount within a few days, you will only be charged interest for those days. For example, if you borrow Rs. 1,00,000 on 10^th January and pay it back fully by 15^th January, interest will only be calculated for the 5 days on Rs. 1,00,000 which will just be Rs. 110.

The entire process is 100% digital, and no physical documents are needed. You’ll need your PAN card number, email ID associated with your mutual funds, bank account details for verification, and debit card or net banking details for setting up the mandate.

No, interest is only charged on the amount you use. If no funds are drawn, no interest is charged, providing complete flexibility. We don’t charge anything for withdrawals or repayments.

Loans are available against more than 4,500 mutual fund schemes from various AMCs. However, tax-saving funds with a lock-in period of less than three years are not eligible.

You can check your eligible loan amount instantly by providing your PAN, mobile number, and registered email ID. The limit is displayed transparently during the signup process.

Lien marking involves pledging your mutual fund units as collateral for the loan. Your pledged units cannot be sold or redeemed until the loan is repaid. The lien marking process is fully digital and conducted in real-time. You will continue to earn you any dividends on these mutual funds and any capital appreciation will accrue to you.

You can request to remove the lien on your mutual funds at any time, provided there is no outstanding loan amount. Depending on your usage, you can unlienmark specific or all units.