What is an assured return scheme?

A scheme cannot promise returns unless such returns are fully guaranteed by the sponsor or AMC and this is required to be disclosed in the

Can non-resident Indians (NRIs) invest in mutual funds ?

Yes, non-resident Indians can also invest in mutual funds. Necessary details in this respect are given in the offer documents of the schemes.

What is a Repurchase or Redemption Price ?

Repurchase or redemption price is the price or NAV at which an open-ended scheme purchases or redeems its units from the unitholders. It may include

What are Tax Saving ELSS Schemes ?

ELSS or Equity linked Saving Schemes offer tax rebates to the investors under specific provisions of the Income Tax Act, 1961 as the Government offers

What is a Fund of Funds (FoF) scheme?

FOF are the mutual fund schemes which are invested in other schemes of the same mutual fund. An FoF scheme enables the investors to achieve

What are Index Funds ?

Index Funds are generally invested in the portfolio of a particular index such as the BSE Sensitive index, S&P NSE 50 index (Nifty), etc These

What is a Load or no-load Fund?

A Load Fund is one that charges a percentage of NAV for entry or exit. That is, each time one buys or sells units in

How to invest in a scheme of a mutual fund ?

A very common question especially asked by first time investors – Investors can invest in any of the mutual funds through various means i.e. Directly