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 ?