Frequently Asked Questions

Find answers to commonly asked questions about mutual funds and investing

What is the history of Mutual Funds in India and role of SEBI in mutual funds industry?

How is a mutual fund set up?

What is Net Asset Value (NAV)?

What are sector specific funds/schemes?

What are Tax Saving Schemes?

What is a Fund of Funds (FoF) scheme?

What is a Load or no-load Fund?

Can a mutual fund impose fresh load or increase the load beyond the level mentioned in the offer documents?

What is a sales or repurchase/redemption price?

What is an assured return scheme?

Can a mutual fund change the asset allocation while deploying funds of investors?

How to invest in a scheme of a mutual fund?

What are the valid UPI IDs for Choice Mutual Fund?

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

How much should one invest in debt or equity oriented schemes?

How to fill up the application form of a mutual fund scheme?

What should an investor look for in an offer document?

When will the investor get a certificate or statement of account after investing in a mutual fund?

How long does it take for transfer of units after purchase from stock markets in case of close-ended schemes?

As a unitholder, how much time does it take to receive dividends/repurchase proceeds?

Can a mutual fund change the nature of the scheme from the one specified in the offer document?

How will an investor come to know about the changes, if any, which may occur in the mutual fund?

How can one track the performance of a mutual fund scheme?

How can one know where the mutual fund scheme has invested money mobilised from the investors?

Is there any difference between investing in a mutual fund and in an initial public offering (IPO) of a company?

If schemes in the same category of different mutual funds are available, should one choose a scheme with a lower NAV?

How to choose a scheme for investment from a number of schemes available?

Are the companies having names like mutual benefit the same as mutual funds schemes?

Is the higher net worth of the sponsor a guarantee for better returns?

Where can an investor look for information on mutual funds?

Can an investor appoint a nominee for his investment in units of a mutual fund?

If a mutual fund scheme is wound up, what happens to the money invested?

How can the investors redress their complaints?

How to apply for allotment of units in Demat mode?

What bank details must be provided when units are held in Demat form?

If details provided in application form by Unit holders is/ are incomplete/ incorrect, then allotment will happen in which form?

How to convert the units held Demat mode/ Remat mode?

How we redeem units held in Demat form?

Which facilities of mutual fund cannot be availed if units are held in Demat form?

Can Unit holders transfer their units held in Demat form?

What is the procedure for change in investor's profile / bank account details etc. in respect of units held in demat mode?