Latest Topics

In case of closing of a scheme, the mutual funds pay a sum based on prevailing NAV after adjustment of expenses. Unitholders are entitled to receive a report on winding up from the mutual funds which gives all necessary details.

Investors would find the name of contact person in the offer document of the mutual fund scheme whom they may approach in case of any query, complaints or grievances. Trustees of a mutual fund monitor the activities of the mutual fund. The names of the directors of asset management company and trustees are also given […]

There are basic differences between IPO (Initial Public Offering) and Mutual Funds. IPOs of companies may open at lower or higher price than the issue price depending on market sentiment and perception of investors. However, in the case of mutual funds, the par value of the units may not rise or fall immediately after allotment. […]

A mutual fund is required to despatch to the unitholders the dividend warrants within 30 days of the declaration of the dividend and the redemption or repurchase proceeds within 10 working days from the date of redemption or repurchase request made by the unitholder. In case of failures to despatch the redemption/repurchase proceeds within the […]

A very common question especially asked by first time investors – Investors can invest in any of the mutual funds through various means i.e. Directly over the counter, through Agents or Online mode or via distributors like Karvy,Camsonline etc.

A Load Fund is one that charges a percentage of NAV for entry or exit. That is, each time one buys or sells units in the fund, a charge will be payable. This charge is used by the mutual fund for marketing and distribution expenses. For example NAV per unit is Rs.10. If the entry […]

FOF are the mutual fund schemes which are invested in other schemes of the same mutual fund. An FoF scheme enables the investors to achieve greater diversification through one scheme. Main advantage of FOF scheme is that it spreads risks across a greater universe.

ELSS or Equity linked Saving Schemes offer tax rebates to the investors under specific provisions of the Income Tax Act, 1961 as the Government offers tax incentives for investment in specified avenues. These schemes are growth oriented and invest pre-dominantly in equities. Their growth opportunities and risks associated are like any equity-oriented scheme.