Mutual funds related FAQs

In the limit of expense is service tax included ?

A. AMCs can charge Service Tax to the scheme according to applicable tax laws. However, the Regulations limit the amount of Service Tax that they may charge. B.MFs/AMCs can charge for service taxes on investment and advisory fees for the scheme, in addition to the maximum limit TER as per the Regulations. C. Service taxes on investment or advisory fees other than those imposed by Regulations shall be borne in accordance with the Regulations. D. Service tax on exit loads, if applicable, shall be paid out from the exit load proceeds. Exit loads net of service taxes, if any shall be credited back to the scheme. E. Service taxes on brokerage and transaction costs paid for execution trades shall be within the limits prescribed by the Regulations.


From where an investor get to know about mutual funds ?


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 ?


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