• Is Maxiom free?
  We provide a free service covering Financial Wellness Assessments, Basic Financial Plan and eLearning modules. For the financial investments, we never charge any indirect fees or commissions. Further the regulator SEBI mandates that any advisory cannot offer free trials. Hence our basic personalised advisory plan (Gold Plan) has a standard fee. We also have a premium plan for clients interested in having a human advisor help them with their investments.
• Why are your basic membership costs low? How will you give me continued service if you don't make any commission money?
  The industry is moving from a HIDDEN cost model to one that is OPEN cost. We at Maxiom are part of this major shift. We are able to offer a low cost on the Gold Plan because we use technology extensively to automate most tasks: everything from selecting mutual funds to transaction processing and portfolio monitoring. With less paper to handle, we need less staff. We can serve more customers at a low unit cost. You as a customer get the full benefit.
  
  This makes us confident that we are here to stay and serve you for a lifetime.
  
  . For the savvy customers who dont mind paying a bit more for a higher service, we have the Maxiom Wealth Plans which build a custom stock portfolio. The pricing for this can be seen here.
• Why do I need a subscription?
  As per SEBI regulations, investment advisors are not allowed to offer free plans. If someone is offering you then it is clear that is not legal. Do see this article. You can start with Maxiom at a very low fee for the Basic plan. Instead of operating multiple mutual fund logins, you can manage all funds in one place. This also includes importing outside funds, tracking them, and even switching to direct.
  
  However, purchasing a subscription in Maxiom gives you access to several features. Read more about those features in the other FAQs.
• Why do you ask for a subscription?
  We provide a clean and honest investment advisory service. We do not receive any commission from Mutual Funds or Portfolio Management Services or other Third Parties. Our only source of revenue is our customers. This is what makes us unbiased. As a business we also need to pay our bills and meet various expenses like application development, hosting, etc. Hence we charge a small fee for providing a quality service that is unbiased and works only for you.
• Which plan is right for me?
  We recommend new users start with the Gold plan and make a few investments, create a financial plan and set up atleast one SIP. If you are seeking a personalized financial plan, have more than 10-15 lakhs if investments, or seeking superior returns and the comfort of speaking to an expert advisor then the Wealth Advisory plan is for you.
• My advisor does it free. Isn't Maxiom expensive?
  If something appears free, then you may be the product. In other words, nothing comes free other than mother's love. In the case of mutual funds or other Demat accounts, you are paying brokerage and significant commission that is deducted from your funds held by them. In the long run (say 20 years) these commissions compound and could go up to 40%-50% of the entire portfolio.
  
  And you are paying this for advice that may not be in your best interests - because you may be sold products that may leak higher payouts.
• Is Platinum the right plan for me?
  The Platinum plan is recommended for advanced users with larger portfolios (of say Rs 10 lakhs or more). Maxiom as a SEBI Registered Advisors will spend time with you to understand your needs, goals and arrive at a customised financial plan for you. This covers your entire investment portfolio (not just mutual funds). We also do periodic asset rebalancing, fund performance reviews, and portfolio consolidation. Retirement planning also gets a lot of focus as it is the largest financial goal for most people. We also do insurance planning and review covering both health and life insurance.
  
  Platinum plan reduces leakage in terms of commissions, fees, loads, etc. With the right selection of stocks and funds you can generate extra returns.
• How do I redeem any referral credits that i gain?
  You can redeem the credits when you subscribe to Maxiom or upgrade your subscription. The referral credit amount will be reduced from the subscription amount.
• Is Maxiom value for money (Paisa-Vasool) ?
  Definitely - our subscription plan is priced at a point where you achieve benefits that are higher than the cost you pay.
  
  In the case of the lower-end mutual fund plans, the subscription fee is often far lesser than the commission cost you save.
  
  In the case of our wealth advisory stock portfolio plans, the returns that our clients achieve more than make up the cost of our advisory offering. Our fees are reasonable, transparent, and adhere to SEBI guidelines.
• What comes with Basic Plan?
  The Basic plan helps you access our scientifically selected funds and gives a single platform. Instead of operating multiple mutual fund logins, you can manage all funds in one place. This also includes importing outside funds, tracking them and even switching to direct.
  
  The Gold subscription in Maxiom allows you to manage an unlimited portfolio and make unlimited transactions. It also gives you an expanded selection of mutual funds.
• How is Gold better than Basic?
  With the Gold plan you make Maxiom work for your personal profile. You can get your risk assessment done which in turn helps you find our ideal asset allocation and personalised mutual fund selections. There are no limits on your investments unlike in Basic which has a Rs 1 lakh limit. You can also tag family members and monitor the overall portfolio. You can make Systematic Tranfer Plans and Systematic Withdrawal Plans. You also get a live goal tracker that helps you monitor your financial plan better. All this comes at very low annual price.
• I like Maxiom. How do I refer my friends and family?
  Making a referral is easy. You can go to the My Referrals section and tap on "Refer a Friend". This will help you share a link or send a message containing your personal Referral code. When a new user registers in Maxiom with this referral code then you stand to get credit when they subscribe to Maxiom. You can also email your friend copying help@maxiom.co.in so that we can make a note.
• Can i pay advisory fee UPI or PhonePe or Google Pay
  Yes, you can pay fee via any UPI enabled app such as BHIM, PhonePe or Google Pay. The Virtual Private Address to enter would be simplygrow@icici You may also pay by NEFT to Bank account 236405500225 having IFSC Code ICIC0002364.
• Can someone else pay my fees? Can i pay for fees from a third party bank account?
  You must pay the advisory fees from your bank account only. As per regulation, we also need a copy of a cancelled cheque to establish that the payment recieved matches with the investor.
• What all features do I get to benefit from with my Gold subscription
  Maxiom helps you get rid of multiple mutual fund logins, you can manage all investments in one place. This includes importing portfolios for self and family, tracking them and switching to direct plans. You can setup systematic investment plans and systematic transfer/withdrawal plans. You can create a financial plan and track goal progress by tagging various funds to them. You can get your risk profile assessment which personalises your asset allocation and fund selections. For advanced users with larger portfolios, our SEBI Registered Advisors are available for personalised Wealth Advisory and Equity advisory as well.
• Is Wealth Advisory the right plan for me?
  The Wealth Advisory plan is recommended for investors with larger portfolios above Rs 15 lakhs. Maxiom's SEBI Registered Advisors spend time with you to understand your needs, goals and arrive at a customised financial plan for you. This covers your entire investment portfolio (not just stocks and mutual funds). We also do periodic asset rebalancing, portfolio performance reviews and portfolio consolidation. Retirement planning also gets a lot of focus as it is the largest financial goal for most people. We also do insurance planning and review covering both health and life insurance. What you get ultimately is peace of mind.
• Am I getting value for money with the subscription?
  Definitely - our subscription plan is priced at a point where you get benefits that are higher than the cost you pay. Commissions in regular funds cost investors up to 1% commission per year. The average ticket size easily recovers the cost of subscription and gets a host of goal planning services and financial advice. The upside of commission savings is entirely with you; we wont charge a rupee more but you can keep saving more. The unbiased advisory is in itself worth much more in potential benefits.
• My current banker or agent/advisor does it free. How do you compare?
  By now you know that on regular plan funds and any other 'free' products with hidden costs, you are paying the broker upto 1% from your invested money in trail commissions. This is your money being paid by the Mutual Fund to the broker/agent. In the long run (say 20 years) these commissions compound and could go upto 40%-50% of the entire portfolio. Some agents push funds that earn them higher commissions which means the 'advice' may not be in your best interest. With Jama everything is not only unbiased but also paperless and convenient.
• Why are your costs so low? How will you give me continued service if you dont make any commission money?
  The industry is moving form a HIDDEN & HIGH cost model to one that is OPEN & LOW cost. Our gold plan starts a very low monthly fee that is less than the cost of a coffee.We are able to offer a low cost as keep our own costs low and use technology extensively to automate most tasks: everything from selecting investments to transaction processing and portfolio monitoring. With less paper to handle, we need less staff. Plus we dont need fancy offices. This keeps our costs lean and low and we pass on the benefits to our customers
• How to cancel my Maxiom subscription
  Since we do not hold your stocks or mutual fund units, quitting Maxiom is not at all difficult. Write to us at help@maxiom.co.in and we will process your cancellation request.
• I made some referrals. When will I get the credit?
  Your credit will show as soon as your friend signs up and pays for their subscription.

More FAQs

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Investing in Maxiom Wealth

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Paying for Investments

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Systematic Investment Plans - SIPs

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Switching to Direct

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Withdrawals

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Importing Outside Folios

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Personalising Investments

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Dashboards in Maxiom Wealth

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Maxiom Membership Subscriptions

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Getting Help & Support

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Safety & Security

Your Corporate Benefits

Maxiom Equity, Investing & Rebalancing

My MaxiomWealth Equity Advisory Account