Mutual funds related FAQs

What documents need to be submitted with a purchase application ?

The purchase application must be submitted with the following documents, depending on the legal status of each applicant.

Each person must quote his/her PAN and attach the KYC acknowledgment letter from the KYC Registration Agency for any investments, regardless of the amount involved in the purchase of its units.

Instructions for non-resident investors

On Repatriation Basis:
If Indian rupee drafts are bought abroad or paid from debit to NRE/FCNR account, an account debit certificate from the bank issuing it will confirm the debit.

Based on a Non-Repatriation Basis
An account debit certificate from the bank issuing the draft must be attached to the application form in the event that Indian rupee drafts are purchased from abroad or from FCNR/NRE accounts.

Subscriptions must be submitted by debit to the FCNR/NRE account. The application form must be accompanied by a Foreign Inward Remittance Certificate issued from the banker.


Can an investor nominate an individual as nominee in the units of mutual funds ?


What happens to the money if mutual fund scheme is wound up ?


How investors can file their complaint ?


How a mutual fund can register with SEBI ?


How Net Asset Value determined after apply ?


How many types of mutual funds scheme ?


What does Tax saving scheme means ?


What does Exchange trade fund work ?


What does Capital protection oriented scheme work ?


What does Expense ratio work ?


What does CAS ( consolidated Account Statement ) means ?


Do I need to pay entry charge to the person who sells mutual fund scheme ?


From where an investor get the information about the actual commission paid to distributors and about TER ?


What does ASBA ( Application Supported by Blocked Amounts ) means ?


What does Direct Plan work ?


Can an investor make payment through cash in mutual funds ?


How much fee payable by a MF / AMC ?


What are the restrictions on the fees that can pay for the scheme ?


In the limit of expense is service tax included ?


What is the timing for SEBI's observations on SID ?