Mutual funds related FAQs

After making investment ,how i will receive my account statement ?

After you have made an Investment with the selected Mutual Fund, a transaction confirmation will send to you via E-mail/SMS within five business days of your application being received. A Consolidated Account Statement, which includes all transactions between Mutual Funds, will send to investors as per SEBI requirements. It will be sent via email or a physical copy if requested.


Who can be eligible for investment in mutual funds ?


What does Net Asset Value (NAV ) refers to ?


What does Purchase Price means ?


What does Redemption Price means ?


What does Exit Load means ?


What does the Scheme Information Document and the Statement of Additional Information means ?


What is the importance of the Scheme information Document and Statement of Additional Information to investors ?


What does cut - off timing means ?


What does Current Value of investment means ?


When Net Asset Value is announced ?


What can a person do if he does not receive account statement ?


What are the steps for Redemption ?


What Systematic Investment Plan (SIP ) does works?


What Rupee Cost Averaging does works ?


Can an investor have directly redemption proceeds to his bank account ?


What documents need to be submitted with a purchase application ?


What is the history of indian mutual funds and role of SEBI in mutual funds in India ?


In what form mutual fund is set up?


What does sector specific funds work ?


What does tax saving scheme works ?