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Wisdom Capital Mutual Fund Review

12.94% 8,041 Clients

Wisdom Capital is a discount broker offering different financial products including equity, derivatives, currency, commodities, and mutual funds. It provides mutual fund investment across equity, hybrid, debt, and ELSS categories. Wisdom Capital MF works as a distributor of mutual fund products. It doesn't offer in-house mutual fund schemes. All the schemes available on the Master Trust Mutual Fund platform are regular schemes.

Features of Wisdom Capital Mutual Fund

Integrated platform with BSE Star MF
Hassle-free and secure online process of investment
A list of mutual funds across equity, hybrid and debt funds
Get expert customized services
Instant Redemption Option
Customer onboarding and switch feature
Allows SIP plans to invest over a long period

Wisdom Capital Mutual Fund Charges

Account Opening Charges	Nil
Mutual Fund AMC Fees	Nil
Mutual Fund Brokerage Charges	Nil
Mutual Fund Commission	Charges commission depending upon fund house and scheme
Mutual Fund Demat Charges
Other Charges

Wisdom Capital Mutual Fund Account Opening Process

Wisdom Capital offers an online account opening facility. Investors can easily open an online account by following the simple registration and account opening process available on the website.

Steps to Open Wisdom Capital Mutual Fund Account

If you are KYC verified, you just need to follow the below steps to open an account:
Mail your PAN, Aadhar card, Cancelled Cheque, Client signature, and passport size photograph to help@wisdomcapital.in
The relationship manager will contact you and fill your online form through e-KYC
After form completion, your documents will be verified
After verification, your account will be opened

If you are not KYC verified, you have to complete it first. You can become KYC verified by filling the KYC form available on the Wisdom Capital website and completing the verification. You can also open an offline account with Wisdom Capital and send the forms through courier.

Wisdom Capital SIP

Wisdom Capita provides investment through either a lump sum or SIP in different schemes. You can invest in more than one mutual funds of different fund houses through SIP. With SIP plans, the broker encourages investors to invest for a long-term perspective. It creates a disciplined way of investment and savings. Before investing in a mutual fund through SIP, you need to do thorough research on the mutual fund as you are investing for a long-term period.

Features of Wisdom Capital Mutual Fund SIP

Invest in different schemes of fund houses
Invest in more than one schemes
Creates a habit of investing and savings
Invest at a periodic interval of a week, month, quarter or year
Use expert customized services to get the best SIP plan
Do instant portfolio review whenever you want

Wisdom Capital Mutual Fund Investment Platform

Wisdom Capital offers adaptive trading platforms to invest in various segments. You can integrate the Wisdom Capital platform with BSE Star MF for mutual fund investment.

Wisdom Trade

Wisdom Trade is an online web-based trading platform to invest across different products offered by the company. It allows integration with the BSE MF platform to invest across mutual funds.

Key Features of BSE MF

One-time registration process
Independent customer's entire portfolio view
Deal with mutual fund customer issues
Reduces paperwork and errors through the online process

Access Wisdom Trade Platform

Visit the official website of Wisdom Capital
Choose Wisdom Trade option available at the bottom of the page
Login with user ID and password
Submit the form and start accessing

Wisdom Capital Mutual Fund Advantages

Allows mutual fund investment across different fund houses
Can invest across different categories of mutual fund
Integrated and adaptive investment platform

Wisdom Capital Mutual Fund Disadvantages

Doesn't offer direct mutual funds
Doesn't have in-house schemes
Charges commission on mutual fund investment
Doesn't have a dedicated mutual fund app

Wisdom Capital Mutual Fund Customer Care

Wisdom Capital Mutual Fund customer care provides solutions to customers' problems. It doesn't have a separate customer care platform for mutual fund investment. You can contact Wisdom Capital on 1800 123 9343 or mail at complaints@wisdomcapital.in.

Conclusion

Wisdom Capital provides regular mutual fund schemes and expert customized services. If you are an existing Wisdom Capital user, it is quite easy for you to integrate with a mutual fund platform and start investing. For new users investing only in a mutual fund, many other brokers are offering better mutual fund services than Wisdom Capital.