How many mandates do I need for multiple SIPs on FYERS?
If you're planning to invest in multiple Systematic Investment Plans (SIPs) on FYERS, the good news is you don't need a separate mandate for each. You can comfortably manage multiple SIPs in different mutual funds under a single mandate. Just ensure that the combined amount for all SIPs remains below the mandate's specified limit. At FYERS, this limit is set at ₹1,00,000.
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How are DP Charges Levied in FYERS?
At FYERS, DP (Depository Participant) charges, also known as Demat debit charges, are calculated daily and depend on the transactions involving the sale of holdings and the available ledger balance. Here’s a detailed breakdown of how these charges ...
How is the buy NAV averaged for multiple orders in the same scheme on FYERS?
When investing in mutual funds via FYERS, the Buy Net Asset Value (NAV) will reflect the closing price on the day of your purchase. If you make another investment in the same scheme on a different day, the Buy average for this second purchase will be ...
How can I track the status of my Bank Mandate with FYERS?
If you've initiated a Bank Mandate request on FYERS, monitoring its status is straightforward: Pending Mandates: Immediately post-request, mandates appear here. A move to 'Active' or 'Rejected' sections follows their activation or denial. Active ...
Can I place market orders for commodity options on FYERS?
At FYERS, placing market orders in the MCX Options segment isn't feasible. Given that commodity derivatives, especially Options, witness low trading volumes in India, many of these options contracts are illiquid. Permitting market orders can ...
How to invest in SIPs or a lump sum?
Investing in any direct mutual fund scheme through Fyers Direct is extremely simple. If you have a Trading and Demat account with Fyers, make sure the BSE-MF segment is active. The procedure to invest in mutual funds is as follows: Investing via SIP ...