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) 


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    • Fees on Individual Vests

      Please find below the fees for different Vests available on the platform: (last updated 1st April 2025 ) Vest Name Vest AUM Fee Discounted Fee (till June 2025) Multi-Asset Class - Conservative 0.6% per year 0.05% per month 0.3% per year 0.025% per ...

    • 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 ...

    • How is the AUM fee on Vests calculated?

      The fees on Vests follow an AUM-based pricing model. The daily AUM of your Vest holdings and the percentage AUM applicable for the Vest are used to calculate the fee. The fee is charged monthly by considering the AUM of your holdings on each day of ...

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

      Yes, you can withdraw funds to your US bank account as long as you are the primary account holder in that US bank account.

    • How do I withdraw funds to my India bank account?

      After you sell any securities, the funds will take T+1 business day to settle in your US brokerage’s cash account. Once these funds are settled, you can then place a withdrawal request. To place a withdrawal request, kindly follow the steps below: Go ...