Good question. It’s your money and you should think about things like this. Your hard-earned savings are completely safe.
Here’s why:
When you invest your money through MobiKwik, it goes directly into your Mutual Funds in your name and when you withdraw it comes directly back into your bank account. It never goes into our bank account at all.
The Mutual Funds are always held in your name with the Mutual Fund Company. If you ever really need to, you can always deal directly with the Mutual Fund Company or their Registrar & Transfer Agent. Therefore, your investment is always safe.