When Will I Get Dividends in Mutual Fund Scheme Invested ?
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
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
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
An open-ended fund or scheme is one that is available for subscription and repurchase on a continuous basis. These schemes do not have a fixed
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
A close-ended fund or scheme has a stipulated maturity period e.g. 5-7 years. The fund is open for subscription only during a specified period at
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
The basic aim of growth funds in equity scheme is to provide capital appreciation over the medium to long- term. Such schemes normally invest a
The aim of income funds is to provide regular and steady income to investors. Although the returns under these schemes are relatively lesser than growth
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