Tomorrow is investable.

If your Know Your Customer (KYC) record has already been validated by a KYC Registration Agency, it can usually be reused, and you need not complete KYC again. Opening a Wealthier account requires your PAN, mobile number, email address and bank details, and your identity and bank account are verified digitally. You can invest as soon as verification is complete.

You can stop a SIP whenever you choose, and the units it has already bought stay invested. Many fund houses also let you pause a SIP for a few months, which helps through a period of tight cash flow. To invest more, you can start a second SIP or, where the scheme offers it, choose a step up that raises the instalment by a set amount each year.

A SIP spreads your investment across many dates, so each instalment buys more units when prices are low and fewer when they are high, and no single day sets your average cost. Your units still rise and fall in value with the market, so a SIP reduces the effect of timing without removing market risk. Its greater strength is discipline, because the same amount is invested every month whatever the market is doing.

A thematic fund concentrates on one idea, such as artificial intelligence or electric mobility, so a setback in that area affects the whole fund, and a theme can stay out of favour for years. Many investors therefore build the core of a portfolio from diversified equity and debt funds and hold themes as a smaller allocation around it. The theme collections in the Wealthier app list the funds behind each idea together, so you can compare them before you decide how much to commit.

A New Fund Offer can be worth considering, provided it is judged on its investment objective and strategy, the experience of the fund house and the fund manager, and the costs set out in its scheme documents. The more useful question is whether the new fund adds something to your portfolio that your existing funds do not already provide.

A deposit rate reflects what the issuer must pay to borrow, so a higher rate often accompanies a lower credit rating or a longer tenure. The rate is best read beside the rating that an independent credit rating agency assigns, which indicates the issuer's ability to repay. Spreading a larger sum across several issuers and tenures also limits how much depends on any one of them.

Units of open ended schemes can be redeemed on any business day, and SEBI rules require most schemes to pay the proceeds into your registered bank account within three working days. Tax saving ELSS funds lock in each instalment for three years, and retirement and children's funds carry a lock in of at least five years, or until retirement age or the child's majority if that comes sooner. Closed ended schemes repay at maturity, and until then their units can be sold only on the stock exchange where they are listed.

The answer depends mainly on how long you need the money. Selling ends the investment and may create a capital gains tax liability, while a loan keeps your units invested in return for interest on the amount you draw. If the value of the pledged units falls, however, the lender can ask for more security or sell units, so a loan generally suits a short term need that can be repaid soon, and a redemption suits money that is needed permanently.