What it means for you, Stamp Duty on Mutual Funds- Since, 1 July 2020, stamp duty will be imposed on the purchase of any type of mutual funds including systematic investment plans (SIPs), systematic transfer plans (STPs) and dividend reinvestment.The...
Mutual fund investor safety - Incase of mistake or due to blatant violation of rules by a fund house, Can an Indian mutual fund investor get his money back if he loses it ? The question surfaced after recent turmoil of...
eWallet to Mutual Fund - Paytm gets SEBI node as registered investment advisor for selling of mutual funds in India. Paytm Money – the wholly-owned wealth management arm of financial services platform of Paytm. After getting node from SEBI, Paytm is...
Small Cap Mutual Funds To Invest in 2015 - The share market is at all time high and each day it is caching a new position. There are many investors who are willing to enter the market but hesitate to...
According to SEBI Regulations, transfer of units is required to be done within thirty days from the date of lodgment of certificates with the mutual fund.
Mutual funds are required to despatch certificates or statements of accounts within six weeks from the date of closure of the initial subscription of the scheme. In case of close-ended schemes, the investors would get either a demat account statement...
This is purely depends on the income level and earning of individual. There are many other cases also where the returns are anticipated and invested accordingly. I would always suggest to invest for long time.
The process of forming a Mutual Fund companies is little complex as a mutual fund is set up in the form of a trust, which has sponsor, trustees, asset management company (AMC) and custodian. The trust is established by a...