What is the difference between Vests and mutual funds?

What is the difference between Vests and mutual funds?

Vests are similar to mutual funds in concept since they provide portfolio exposure to equities. These are baskets of stocks and/or ETFs that reflect an idea, theme or strategy. However, unlike mutual funds, Vests are: 
  1. Transparent & customizable (you buy the stocks into your account directly vs. buying units of the fund)
  2. Liquid (no lock-ins)
  3. More cost-effective (no % fees or exit loads) 


    • Related Articles

    • How to transfer funds from ICICI Bank to Vested?

      Step 1: Log in to the ICICI Internet Banking portal using your user ID or mobile number Figure 1 Step 2: Under the “Payments and Transfer” tab, select “Fund Transfer”. Figure 2 Step 3: Select “Overseas Transfer”. Figure 3 Step 4: Select “Send Money ...

    • Can I add funds via UPI?

      Unfortunately, adding funds via UPI is not supported for LRS transactions. However, you can conveniently add funds through bank transfers. Most banks in India offer seamless integration for adding funds, making it a reliable and secure option. To add ...

    • Can I withdraw funds to a different bank account and not to the bank account from which I deposited funds?

      Yes, you can transfer/withdraw funds to any bank account where you are the primary account holder as long as that bank account is created in your employment or tax-resident country. Withdrawals to any other country are not allowed by our broker. It ...

    • Why aren't the withdrawn funds reflecting in my bank account?

      It usually takes 1-3 business days for the funds to reflect in your bank account once your withdrawal request is processed by our broker partner. After 3 business days if the funds are still not credited to your bank account then kindly contact your ...

    • Can I withdraw funds to my U.S. bank account?

      Yes, you can withdraw funds to your US bank account as long as the USA is your employment or tax-resident country.