Mutual funds related FAQs

How a mutual fund can register with SEBI ?

The application Form A must be submitted by an applicant who wants to sponsor a mutual funds in India. After the application has been reviewed, the sponsor must submit Form A along with a Rs.25,000 fee. These include executing the trust agreement and investment management agreement, setting-up a trustee company/board consisting of two-thirds independent trustees, incorporating the asset management company, contributing at least 40% to the AMC's net worth, and appointing an administrator. After satisfying these conditions, the registration certificates are issued. The registration fees for the AMC amount to Rs.25.00 lakhs. See the SEBI (Mutual Funds Regulations), 1996 for more information.

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 ?

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

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 ?