Investment FAQs
What can I use mutual funds for?
Mutual funds are the way for a common man to secure the future…Know More
Can I apply for a mutual fund jointly with my spouse?
You can either invest a lump sum amount or start an SIP for your spouse or work out a plan to invest together. Many brokerages offer joint holding account for mutual funds (MFs).Know More
How is the maximum mutual fund returns decided?
These can be between two individuals or a maximum of three account holders.Know More
What can I use a mutual funds for?
Mutual funds offer professional investment management and potential diversification..Know More
Do I need to be over 18 years to open a Savings Account?
Yes. In case of a minor, the parents or legal guardian can open an account on their behalf..Know More
Is it possible to have any number of Regular Savings Accounts in a particular bank?
No. You can have only one Regular Savings Accounts per bank.Know More
Are there any charges to issue a passbook?
No. Under BSBDA, the passbook is issued free of cost…Know More
Can I access my Savings Account from anywhere in India?
Yes. You can access your Savings Account via Phone Banking, Internet Banking, or by visiting an ATM….Know More
What is a Direct Plan?
Direct Plans are investments in Mutual Funds made without the help of a distributor. The Securities and Exchange Board of India has made it mandatory for fund houses to offer direct plans to…Know More
Can investments in mutual funds be made through cash?
Yes. Investors are allowed to invest in mutual funds using cash. However, cash investments are limited to Rs.50,000 per financial year…Know More
How long does it take for a fund to credit my dividends?
It’s mandated that Mutual Fund houses dispatch the dividend warrants to unitholders within 30 days from the date on which the dividend is declared…Know More
Can I appoint a nominee for my Mutual Funds investments?
Yes. Individual investors can appoint nominees for their Mutual Funds investments…Know More
What is Net Asset Value?
The Net Asset Value of a scheme (NAV) is the total market value of the various financial instruments under a particular scheme, divided by the total number of units under the said scheme…Know More