Under Scheme Information, there are 6 fundamental aspects that every investor needs to understand before they make an investment in a particular fund. 


1. Plan - This refers to the type of fund under which the chosen selected portfolio falls. Tickertape, inherently has only direct plans incorporated at present. The plans are chosen based on the goals or investment philosophy chosen by the Asset management company. 


2. Lock-in Period - This is applicable for most of the tax-saving mutual funds in India. There is a minimum of 3 years lock-in period determined for tax saving mutual funds.


3. Exit Load - In simple terms, Exit load refers to the charge incurred during the redemption of units, I.E when an investor decides to sell the fund. Usually, exit load is applied when an individual decides to sell their shares before a specific period of time (365 days/ 0.5 % ). 


4. Minimum SIP - SIP (systematic Investment Plan) refers to the periodic investment in the mutual fund. SIP helps in investing automation and is also the most commonly preferred method to invest in a Mutual Fund.


5. Minimum Lumpsum - Lumpsum, refers to the total amount invested in a fund at once. Every fund has a fixed minimum amount allotted to it as per the objective of the portfolio. 


. Benchmark Index - This is an important parameter to keep in mind while deciding the profitability of the fund as it gauges the overall performance of a particular mutual fund. The Benchmark index shows the category of an index that a specific fund falls under.