General (29)

• Is there a minimum and maximum investment amount applicable for mutual fund investments?
• Is there a minimum period for which I need to stay invested in a mutual fund?
• What is the difference between a fresh purchase and an additional purchase?
• What is a Systematic Investment Plan (SIP)?
• What is the difference between SIP, SWP and STP?
• What is a NACH Mandate/ One-time Mandate?
• How long does it take for a NACH Mandate/One-time Mandate to be approved?
• Am I required to transfer my SIP installment every month?
• How is the average rate calculated for mutual funds purchased through a trading platform?
• Why was my SIP installment amount not deducted on the due date, even though I had sufficient bank balance?
• What will be the applicable NAV if I sell my mutual fund units today?
• If I sell some of my mutual fund units, how long does it take for the sales proceeds to be credited to my bank account?
• What is an Exit Load? How is it calculated?
• Is there any penalty/exit load for early redemption of mutual funds?
• What is a New Fund Offering (NFO)?
• What is the Mutual Fund Service System (MFSS)?
• What is meant by a minimum and maximum SIP gap?
• What is a Folio?
• What is an Asset Management Company (AMC)?
• What is an ARN?
• What is Net Asset Value (NAV)?
• What is an Offer Document? What are the different types of Offer Documents?
• What is a Scheme Information Document (SID)?
• What is a Statement of Additional Information (SAI)?
• What is the difference between an Open-ended and Close-ended mutual fund scheme?
• What is an Interval mutual fund scheme?
• What is a Hybrid Fund?
• What is a Fund Rating?
• Why do I have to update a nomination for my mutual fund holdings? How do I do this?