A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. The money thus collected is then invested in capital market instruments such as shares, debentures and other securities. The income earned through these investments and the capital appreciation realised are shared by its unit holders in proportion to the number of units owned by them.
Thus a Mutual Fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed basket of securities at a relatively low cost.
To find out more about Mutual Funds, please visit MF India and AMFII.
The advantages of investing in a Mutual Fund are:
Wide variety of Mutual Fund Schemes exist to cater to the needs such as financial position, risk tolerance and return expectations etc. The table below gives an overview into the existing types of schemes in the Industry.
|By Structure||By Investment Objective||Other Schemes|
 KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process againwhen you approach another intermediary.  Prevent Unauthorised Transactions in your Trading/Demat account Update your Mobile Number/email IDs with your Stock Broker/Depository Participant. Receive information/alerts of all debit and other important transactions in your Trading/Demat account directly from Exchange/NSDL on your registered mobile/email on the same day.  No need to issue cheques by investors while subscribing to IPO. Justwrite the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.
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