Can a mutual fund investor appoint a nominee?

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  Mutual funds are made up of all the money pooled in by a large number of investors. This pool of money is managed by a portfolio manager, who invests the funds in various financial instruments.

• What is Additional lumpsum in Mutual Fund?

  Lumpsum investment refers to the one-time investment in a particular scheme. In other words, investing all the amount in one go is called Lumpsum.  Similarly, additional lumpsum means investing in any scheme that you have already made a lumpsum ...

• Can I transfer my existing direct mutual funds from the Fund House to my FYERS A/c?

  Yes, you can transfer your existing mutual funds from your Fund House to FYERS. However, the procedure is completely offline. You can download the Forms here. The client has to fill in the DP ID. The name should be mentioned in the form as per the ...

• What are charges applicable for Mutual Funds?

  You can buy Direct Mutual Funds at Fyers for FREE. However, on selling your Mutual Fund holdings, DP charges of ₹12.5+GST will be levied. We do not levy additional charges other than the DP charges mentioned above. For the details on the expense ...

• If a mutual fund is closed, what happens to your invested money?

  In case of winding up of a scheme, the mutual funds pay a sum based on prevailing NAV after adjustment of expenses. Unitholders are entitled to receive a report on winding up from the mutual funds which give all necessary details.