A detailed operating manual and FAQs can be seen here
Thanks to a gracious user who has shared this following step-wise graphic, the same can be used in conjunction with the FAQs above and the Videos (links below) to better understand the steps needed to set up your portfolios (Same steps for all , Mi20, Mi25, Mi50, Mi40 products)
I am planning to invest around 3L, but a bit confused between Mi20 & Mi25. What would be your suggestion.
Please read the blogpost on the product comparison and decide. Purely on Fees basis , for a 3 lac portfolio, Mi25 is expensive.
1st time portfolio formation is made by the tool which auto calculates no of shares of each company basis allocated capital- say 5 lacs for ex. the proportion or weightage mimicks the master portfolio. Unused sits in liquidbees. HOWEVER, new purchase if any in coming weeks will be by default 4% of that day portfolio value. so initial formation and subsequent purchase are done in 2 different ways. Is my understanding correct ?
That is correct
Can the investment be raised after a period of six month in Mi30
Hi Alok Ji,
I registered for Mi-20 portfolio, can you please suggest when I will get to know if my registration has been accepted, when I can think to start investing and when/where to transfer the fees?
I will like to arrange/freeze my funds for investing in the same.
Next cpl of days u will get an email with all details
What would be minimum amount required to invest in mi20 and how would I do it ?
Pls send email to Mi20support@weekendinvesting.com and they will send you the intro mail.