Mutual funds related FAQs

What are the steps for Redemption ?

The Investor must complete the redemption application. It is usually found in the footnote to the account statement. If the mode of holding was "joint", it must be signed by all account holders. If the mode of holding was "anyone or survivor", then the application can be signed by any account holder. Send the completed application form to the nearest Investor Service Centre. The application form must be returned to the Investor Service Centre. Once received, units will be redeemable at the redemption price applicable on the date the application was received by the Investor Service Centre. If your application is not received by the deadline, the transaction date applicable to the transaction would be the next day.


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 ?