Mutual funds related FAQs

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

A. A. B. B. The AMC, trustee or sponsors will pay for any expense not listed above. C. All expenses of a scheme, including any redemption or issue expenses, shall be borne by the AMC or trustee. The daily net assets must be INR 100 crore. The next INR 300 million of daily net assets 2.255%; iii. On the next INR 300 million of daily net assets 2.0%; IV. on the balance of assets 1.75%. The following expenses or costs may be added to the scheme in addition to the above limits: a) brokerage costs and transaction costs that are incurred to execute trades, should not exceed 0.12% for cash market transactions, and 0.05% for derivatives transactions; and b) expenses not exceeding 0.30% daily net assets, if new inflows from such places as the Board from time-to-time are not less than: i. 30% of the total scheme gross new inflows or ii. 15% of the scheme's average assets under management (year-to-date), whichever is greater. If the inflows is from cities which are lower than the sub-clause (i), or the sub-clause(ii), expenses on daily net assets will be assessed on a proportionate basis. This clause will be used to cover distribution expenses for inflows from these cities. If the inflows from such cities are not redeemed within one year of the date of investment, the expense will be credit back to the scheme. Additional expenses incurred for different categories under A and B, but it should not exceed 0.2% of the daily net assets of the scheme. The AMC and trustees will bear any expenditure that exceeds the above limits.


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 ?


In the limit of expense is service tax included ?


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