Mutual funds related FAQs

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

The Scheme Information Document & Statement of Additional Information (or Statement of Additional Information) is the best source of information for a prospective or new investor.

Supplemental Information and Contents of the Scheme Information document -

Scheme Information Document shall include, inter alia:

  1. Description of the Scheme.
  2. Terms of issue
  3. Investor's Rights and Services
  4. Risk Factors, and other information pertinent to the Scheme.

Statement Of Additional Information shall contain the following information

  1. Constitution of the Mutual Fund
  2. Details about Directors / Key Personnel/ Service Providers
  3. Historical Statistics
  4. Accounting / Valuation standards
  5. Tax implications


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 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 ?

What does tax saving scheme works ?