Category: Mutual Fund

A scheme cannot promise returns unless such returns are fully guaranteed by the sponsor or AMC and this is required to be disclosed in the offer document. TIPS : Investors should carefully read the offer document whether return is assured for the entire period of the scheme or only for a certain period. Some schemes […]

Yes, non-resident Indians can also invest in mutual funds. Necessary details in this respect are given in the offer documents of the schemes.

Repurchase or redemption price is the price or NAV at which an open-ended scheme purchases or redeems its units from the unitholders. It may include exit load, if applicable. When price or NAV of a unitholder is charged while investing in an open-ended scheme is called sales price.

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.

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.

Index Funds are generally invested in the portfolio of a particular index such as the BSE Sensitive index, S&P NSE 50 index (Nifty), etc These schemes invest in the securities in the same weightage comprising of an index. NAVs of such schemes would rise or fall in accordance with the rise or fall in the […]

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 […]

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.