Who can invest in mutual funds through MutualFundWala?

Anyone with a bank account, PAN, and Aadhaar can invest through MutualFundWala. Even a minor can invest, provided a parent or legal guardian manages the account on their behalf.

What documents do I need to invest?

You'll need your PAN, Aadhaar, and bank account details to complete KYC and start investing.

What is the minimum amount required to start investing?

Investment in mutual funds now starts from as low as ₹100.

Can I track all my mutual fund investments in one place?

Yes, the MutualFundWala website and mobile application offer portfolio tracking as well as performance insights.

Can I stop or modify my SIP at any time?

Yes, investors can pause, change, or cancel any transaction at any time by logging into their account.

How do I redeem my mutual fund investments?

To redeem your investments, you can either contact a MutualFundWala advisor or redeem them yourself through your account.

Are there any charges for opening an investment account?

MutualFundWala does not charge investors any fees for account opening or investing.

AMFI-Registered · ARN-275889

Mutual Fund Distributor in Chennai

AMFI-Registered Mutual Fund Distributor in Chennai — Serving IT, Auto, BFSI Professionals and Families Across the City

Chennai powers 40% of India’s auto component output and its OMR corridor employs over 4.5 lakh IT professionals. SIP investment in Chennai works the same way whether your income comes from a tech park on Sholinganallur or a factory floor in Sriperumbudur — a fixed amount leaves your bank each month, automatically. MutualFundWala has been serving investors since 2005. Our team handles KYC, SIP setup and service requests by phone, WhatsApp and the MutualFundWala app.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

MUTUALFUNDWALA AT A GLANCE

20+ years

Serving investors since 2005

7,800+

Investor accounts

527

Google reviews

ARN-275889

AMFI-registered mutual fund distributor

Online Mutual Fund Investment in Chennai — Fully Remote, Fully Supported

Our office is in New Delhi, but Chennai investors get the same dedicated support. Whether you’re in T. Nagar, Anna Nagar, OMR, Velachery, Adyar, Tambaram, Porur, Guindy, Sholinganallur, Thiruvanmiyur, Ambattur, Chromepet, Nungambakkam, Mylapore or Perambur — KYC, SIP setup and every service request is handled by phone, WhatsApp and the MutualFundWala app.

Mon–Sat, 10 AM – 6 PM ·info@mutualfundwala.com

Support is available in :

Office: 2nd Floor, Plot No. 6, Near Yes Bank, Basant Lok, Vasant Vihar, New Delhi – 110057

What our team handles for Chennai investors

Online KYC

SIP setup

SIP changes & pauses

Redemptions & switches

Nominee updates

KYC assistance

Online KYC

SIP setup

SIP changes & pauses

Redemptions & switches

Nominee updates

Statements

Lump-sum investments

Bank mandate changes

Who We Work With in Chennai

Chennai’s economy spans IT corridors, auto plants, banking back-offices and a thriving port-led services sector. Our team works with salaried professionals across all of them — plus families and business owners building long-term wealth.

IT and Software Professionals

Working along the OMR corridor, in Sholinganallur, Siruseri or Guindy? A fixed salary on a fixed date is exactly what a SIP is designed for — set it once and it runs each month.

Auto and Manufacturing Workers

Chennai produces more cars than any other Indian city. Whether you work in Sriperumbudur, Oragadam or Ambattur — monthly salary, shift allowances or weekly pay — our team helps you find a SIP rhythm that fits.

Banking and BFSI Professionals

Chennai is a growing BFSI hub. You understand compound interest better than most — our team helps you channel that into a SIP, with scheme explanations and risk categories laid out clearly.

Families and Small Business Owners

Managing SIPs for multiple family members or investing business surplus? Nominee updates, consolidated statements and folio-level service — all handled over one phone call.

Already Investing in Gold or Fixed Deposits?

Chennai has a deep tradition of saving — in gold, in real estate, in bank fixed deposits. Those are real assets and nobody needs to stop buying them. But a SIP adds something different: your money compounds monthly, you can start or stop without penalty, and you don’t need a locker or a registrar.

A SIP is not a replacement for your existing savings. It’s one more channel — and it takes ₹100 and five minutes to find out whether it fits.

Fixed Deposit

Fixed return, locked tenure, taxable interest

Gold

Tangible asset, making charges, storage cost

SIP

Market-linked, no lock-in*, start from ₹100

*ELSS funds have a 3-year lock-in. Other open-ended schemes generally allow redemption at any time, subject to applicable exit load. Returns are not guaranteed and are subject to market risk.

Budget-Based SIP Estimate

Monthly income

₹

Rent + EMIs + expenses

₹

Monthly surplus ₹15,000

If you SIP 50% ₹7,500

In 10 years ₹15,49,140

Illustration only, assuming 50% of surplus as SIP at a constant 10% p.a. compounded monthly. Actual returns vary, can be negative and are not guaranteed. SIPs start from ₹100 on the MutualFundWala app.

After Rent, EMIs and Expenses — What's Left for a SIP?

Enter your monthly income and fixed outflows. The calculator shows what’s left — and what even a small SIP from that surplus could grow into over time.

What Investors Say About MutualFundWala

Real experiences from investors who plan, invest, and grow their wealth with MutualFundWala.

      EXCELLENT  
   Based on 528 reviews 
    
 
 
 
   
 
 
       Posted on Google  
   
   Vishal Choudhary 
 
 
 
 Trustindex verifies that the original source of the review is Google. I have been in Connect with Mr. Abdul from last 7 months. Till now all the queries resolved and a good response time. Looking forward to grow with their proper guidance and suggestions over my investments.
  
 
      Posted on Google  
   
   harish kumar 
 
 
 
 Trustindex verifies that the original source of the review is Google. Hassle-free experience while interacting with MutualFundWala RM. Have been a customer since more than 5 years . Great services, best advices and good returns on investment.
  
 
      Posted on Google  
   
   Sagar Suri 
 
 
 
 Trustindex verifies that the original source of the review is Google. Mutual fund wala has been with me since the beginning of my investment journey and has been effectively providing me with the right strategies as per my risk profile, goals and investing power. They have been a great help in building my portfolio and seek optimised returns by constantly advising me on the trends and the necessary actions to be taken. Noting but good things about 7 years of my journey with them.
  
 
      Posted on Google  
   
   prakash dangi 
 
 
 
 Trustindex verifies that the original source of the review is Google. People are good, they are helping investors as much they can
  
 
      Posted on Google  
   
   Nagendra Kumar Singh 
 
 
 
 Trustindex verifies that the original source of the review is Google. I had an amazing experience with mutual fund wala. And great service all about financial services SIP
  
 
      Posted on Google  
   
   Raman Kumar 
 
 
 
 Trustindex verifies that the original source of the review is Google. Thanks to mutual Funds wala, my one stop place for my portfolio management. Good service and their team guided me for investments, and helping me to set up a SIP in mutual funds. Best service..
  
 
      Posted on Google  
   
   Amit Kumar 
 
 
 
 Trustindex verifies that the original source of the review is Google. very well...
  
 
      Posted on Google  
   
   punit chowdhary 
 
 
 
 Trustindex verifies that the original source of the review is Google. No problem at all. Executives are helpful.
  
 
  
  
 
     Verified by Trustindex  Trustindex verified badge is the Universal Symbol of Trust. Only the greatest companies can get the verified badge who has a review score above 4.5, based on customer reviews over the past 12 months. Read more

Frequently Asked Questions

Chennai Investors: Common Questions

Is MutualFundWala an AMFI-registered distributor?

Yes. MutualFundWala is an AMFI-registered mutual fund distributor (ARN-275889). We facilitate transactions in mutual fund schemes from various asset management companies.

Do you have an office in Chennai?

No. Our office is at 2nd Floor, Plot No. 6, Near Yes Bank, Basant Lok, Vasant Vihar, New Delhi – 110057. Chennai investors receive the same support remotely — KYC, SIP setup, transactions and account services are all handled by phone, WhatsApp and the MutualFundWala app.

I'm used to investing in gold and FDs — why should I consider a SIP?

A SIP doesn’t replace gold or FDs — it adds one more option. Unlike gold, there are no making charges or storage costs. Unlike an FD, you can start or stop without a lock-in penalty (except ELSS, which has a 3-year lock-in). Returns are linked to market performance and are not guaranteed. Our team can explain the different fund categories so you can decide what suits you.

I work at an auto plant with shift allowances on top of base pay — what should my SIP amount be?

A common approach is to set your SIP based on your base pay and treat shift allowances as surplus. When there’s extra, you can make a lump-sum addition where the scheme allows. Our team can help you set an amount you’re comfortable with month to month.

Can I start a SIP with ₹100?

Yes. SIPs can be started from ₹100 through the MutualFundWala app, subject to the minimum investment requirement of the selected scheme.

Do you serve investors in OMR, Anna Nagar, T. Nagar and other parts of Chennai?

Yes. Since all support is remote, investors from OMR, Sholinganallur, Siruseri, Anna Nagar, T. Nagar, Velachery, Adyar, Tambaram, Porur, Guindy, Thiruvanmiyur, Ambattur, Chromepet, Nungambakkam, Mylapore, Perambur and every other part of Chennai can use our services.

How does MutualFundWala earn?

We receive commissions from asset management companies on investments made through regular mutual fund plans. No separate fee is charged to the investor for distribution services.

Can ELSS funds help me save tax?

ELSS funds may qualify for deduction under Section 80C if you have opted for the old tax regime. They carry a 3-year lock-in and are subject to equity market risk. Please consult your tax adviser for your specific situation.

What is the difference between a distributor and an investment adviser?

A mutual fund distributor facilitates transactions and may receive commissions. A SEBI-registered investment adviser charges a fee for advice. MutualFundWala is an AMFI-registered distributor, not a SEBI-registered investment adviser.

Are my mutual fund units safe?

Units are held in your name with the registrar (CAMS or KFintech), not with the distributor. Mutual fund investments are subject to market risks — read all scheme-related documents carefully.

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Investing From Another City?

MutualFundWala supports investors across India through digital channels and relationship manager assistance.

Start Your Mutual Fund Investment in Chennai

Talk to our relationship manager about KYC, SIP setup, or managing your existing investments — all handled remotely, from anywhere in Chennai.