Ask Your Banking Queries, Loan & Finance

Whether Vocational Courses eligible for Education Loan ?

Vocational / skill development study courses, off-campus courses and on-site/partnership programmes are not eligible for loan under the IBA scheme.

Continue Reading  

What Happen to Money Invested in Mutual Fund If Scheme Closed ?

In case of closing of a scheme, the mutual funds pay a sum based on prevailing NAV after adjustment of expenses. Unitholders are entitled to...

Continue Reading  

Where To Complaint Against Mutual Fund Company ?

Investors would find the name of contact person in the offer document of the mutual fund scheme whom they may approach in case of any...

Continue Reading  

What is the Difference Between IPO Vs Mutual Fund ?

There are basic differences between IPO (Initial Public Offering) and Mutual Funds. IPOs of companies may open at lower or higher price than the issue...

Continue Reading  

When Will I Get Dividends in Mutual Fund Scheme Invested ?

A mutual fund is required to despatch to the unitholders the dividend warrants within 30 days of the declaration of the dividend and the redemption...

Continue Reading  

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...

Continue Reading  

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...

Continue Reading  

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...

Continue Reading