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Auto Save

AutoSave is a smart hassle-free way of creating a regular routine of savings, to help you manage your future expenses! Through AutoSave, your desired amount is deducted from your Bank account on a pre-determined date and invested by MCB Funds in your specified Mutual Fund or Pension Scheme. MCB Funds has availability of both Conventional and Shariah Compliant investment solutions to cater to your investment needs.
Why AutoSave?

Below are some of the ways YOU as an investor will benefit from AutoSave:

• Disciplined Saving: Choose the day you want to pay, schedule your payment well in advance and leave the rest to us!
• Convenience: You won’t need to look for your cheque book every time. Just fill our form only once and leave the rest to us!
• Security: All transactions are secured. In case the payment due date happens to be a Sunday or a holiday, the debit will happen on the next working day.
• Rupee-Cost Averaging: No more stress of deciding the best time to invest! By investing on regular intervals, you average out any market’s ups and downs and accumulate them for better returns.
• Tax rebates: You can avail tax rebates as per Income Tax Law against your investments in Voluntary Pension Schemes.
• Free: It’s absolutely free!

For more information on our AutoSave service please SMS ‘Autosave’ to 8622 or call us at 0800-62224

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Disclaimer: All investments in mutual funds and voluntary pension schemes are subject to market risks. Past performance is not necessarily indicative of the future results. Please read the Offering Document to understand the investment policies and the risks involved. The tax credit information provided in this literature is based on interpretation of MCB Funds. Investors are advised to seek independent professional advice in this regard. Capital gain tax and withholding tax on dividend and bonus units will be charged according to Income Tax Laws, if applicable. Withdrawal from Voluntary Pension Schemes before retirement shall have tax implications.