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Banking FAQs & HowTo Guide
Ask about various mutual fund scheme and get advice of experts on your investment in Mutual funds. Portfolio wise Mutual funds analysis and solution of queries related to any fund.
What it means for you, Stamp Duty on Mutual Funds– Since, 1 July 2020, stamp duty will be imposed on the purchase of any type of mutual funds including systematic investment plans (SIPs), systematic transfer plans (STPs) and dividend reinvestment.The duty will apply to all mutual funds—debt as well as equity. This is to remember […]
Mutual fund investor safety – Incase of mistake or due to blatant violation of rules by a fund house, Can an Indian mutual fund investor get his money back if he loses it ? The question surfaced after recent turmoil of global fund management giant Invesco or Franklin Templeton. Invesco had to pay back $105 million […]
eWallet to Mutual Fund – Paytm gets SEBI node as registered investment advisor for selling of mutual funds in India. Paytm Money – the wholly-owned wealth management arm of financial services platform of Paytm. After getting node from SEBI, Paytm is joining hands with close to a dozen AMCs (asset management companies) and will roll out […]
Small Cap Mutual Funds To Invest in 2015 – The share market is at all time high and each day it is caching a new position. There are many investors who are willing to enter the market but hesitate to invest in due to higher risk involve in it. The best way to new investor […]
According to SEBI Regulations, transfer of units is required to be done within thirty days from the date of lodgment of certificates with the mutual fund.
Mutual funds are required to despatch certificates or statements of accounts within six weeks from the date of closure of the initial subscription of the scheme. In case of close-ended schemes, the investors would get either a demat account statement or unit certificates as these are traded in the stock exchanges. In case of open-ended […]
This is purely depends on the income level and earning of individual. There are many other cases also where the returns are anticipated and invested accordingly. I would always suggest to invest for long time.
The process of forming a Mutual Fund companies is little complex as a mutual fund is set up in the form of a trust, which has sponsor, trustees, asset management company (AMC) and custodian. The trust is established by a sponsor or more than one sponsor who is like promoter of a company. The trustees […]
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