Mutual funds related FAQs

What information should an investor know about offer document ?

A mutual fund will need to provide an abridged offer letter, which contains very valuable information, to prospective investors. The offer document also includes the subscription form. SEBI has set minimum disclosures in the offer documents. Before investing in any scheme, investors should read carefully the offer document. It is important to carefully review the sections pertaining to the scheme's main features, risk factors, initial issues expenses and recurring charges to the scheme, entry and exit loads, sponsor’s track record, education qualification, work experience of key personnel, including fund managers, performance in other schemes launched by mutual funds in the past, pending litigations, penalties imposed, and so forth.

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 ?