All Questions

Frequently Asked Question

Our Blog

All Posts 11th Bipartite SettlementAadhaarBank Account FAQsBank Account QueriesBank FraudsBank of AmericaBank OffersBankingBanking HelpBanking HowToBanking NewsBanking TermsBBPSBoBCanara BankCanara BankCapital OneCareers & JobsChaseCredit CardsCustomer CareDaily Banking NewsDebit CardsDemonetizationDepositsDigital BankingEducation LoaneTDSeWalletsFASTagsFinancial CalculatorFixed DepositsForexGovernment SchemesGreen PINGSTHome LoansHowToICICI BankIMPSIncome TaxIncome TaxIndian BankInsuranceInternet BankingInvestmentIPPBIRSJeevan PramaanLoan FAQLoan RatioLoans & AdvancesMobile BankingMSME LoanMutual FundNPSOpinionPayTmPersonal LoanPMJDYPPFProfessional TaxReviewsSalary StructureSBIShare & StocksSyndicate BankUnion BankUPIWage Revision
Mutual Fund

What is an assured return scheme?

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 assure returns one year at a time and they review and change it at the beginning of the next year.

Learn More
Mutual Fund

Can non-resident Indians (NRIs) invest in mutual funds ?

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

Learn More
Mutual Fund

What is a Repurchase or Redemption Price ?

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.

Learn More
Mutual Fund

What are Tax Saving ELSS Schemes ?

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.

Learn More
Mutual Fund

What is a Fund of Funds (FoF) 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.

Learn More
Mutual Fund

What are Index Funds ?

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 index which is also known as "tracking error" in technical terms. Necessary disclosures in this regard are made in the offer document of the mutual...

Learn More
Mutual Fund

What is a Load or no-load Fund?

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 as well as exit load charged is 1%, then the investors who buy would be required to pay Rs.10.10 and those who offer their units...

Learn More
Mutual Fund

How to invest in a scheme of a mutual fund ?

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.

Learn More

Banking FAQs

Get FAQs