Can I exit a goal prematurely?
Yes, you can exit a goal prematurely. However we implore you to reconsider that thought and only consider ending a goal based investment as a last resort. Seeing a goal through not only ensures fulfilment of that goal on time but also provides a level of satisfaction and happiness that achievements often bring to us.
Can I exit a goal partially?
Yes, you can withdraw a partial amount from your goal. We shall send redemption requests so that the allocated proportion of funds in the portfolio remains the same after withdrawal. Withdrawal from a single fund in a goal is not allowed. The ...
Can I create my own goals?
Glide Invest allows the you to create custom goals with a custom target value or customer SIP amount. Based on your risk profile, we shall recommend suitable funds to enable you to reach that goal. At this point, we do not allow creation of custom ...
Why are we switching from Bharat Bond FOF to Motilal Oswal 5yr GSec FOF in our goal-based portfolios?
From March 2022, we will be replacing the Bharat Bond FOF mutual fund in our portfolios with the Motilal Oswal 5yr GSec FOF mutual fund. From the perspective of goal based investing, the key reasons for the switch are as follows: Fund ceases to exist ...
What is Goal based investing?
Goal based investing is an investment methodology where all investment decisions are made with an intent to culminate in a fixed goal at the end of a fixed duration. Some examples of goals include retirement at 60, child’s marriage at 25, child’s ...
How does goal based investing work?
The Glide Invest app asks you to fill a risk questionnaire at the time of joining, through which we assess your risk profile. When selecting a goal, our backend algorithm gives you choices curated to your risk profile, along with a more conservative ...