Mutual funds related FAQs

What does CAS ( consolidated Account Statement ) means ?

A CAS lists all transactions and investors holdings at the end each month, including transaction fees paid to distributors across all mutual fund schemes. Each calendar month, an investor receives a CAS. This is sent to all investors whose transactions occurred during that month. Every half-yearly (September/March) a CAS is issued detailing holdings at the end each month across all mutual fund schemes to all investors.


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 ?