What are charges applicable for investing in mutual funds?
At FYERS, we aim to maintain transparency in all our financial dealings. Here's a breakdown of the charges related to mutual funds:
Purchase Costs: Buying Direct Mutual Funds with FYERS is completely FREE.
Selling Charges: Upon selling your mutual fund holdings, DP charges amounting to ₹12.5 plus GST will apply. No additional charges will be levied beyond this.
Expense Ratio Details: To gain insights into the expense ratio of specific mutual funds:
If you're new to the world of mutual funds and wish to open a Demat account with FYERS, click here to get started.
Related Articles
Are there inherent risks when investing in mutual funds?
Yes, like all investment vehicles, mutual funds carry risks. They invest in a variety of financial securities such as equities, bonds, and money market instruments. The performance of these securities can be volatile, leading to fluctuations in the ...
Is exit load a standard charge across all mutual funds?
No, the imposition of Exit Load varies from one mutual fund scheme to another. While some schemes might charge it, others may not. It's vital for investors to thoroughly read the scheme's offer document to understand any applicable charges. For ...
How can I dematerialize my mutual funds with FYERS?
Dematerialization, commonly known as "demat", is the process of converting physical certificates, be it shares or mutual funds, into a digital format stored in a Demat account. At FYERS, the procedure is straightforward. Here's a step-by-step guide: ...
How can I shift my existing direct mutual funds from the Fund House to my FYERS account?
Moving your mutual funds to FYERS is an offline process. Here's a structured guide to help you: 1. Start by downloading the transfer forms (in the attachment). 2. Fill in the following details: Your DP (Depository Participant) ID. Your name as it ...
What are Exchange Traded Funds (ETF’s)?
An Exchange-Traded Fund (ETF) consists of a pool of securities similar to Mutual Funds traded on an exchange. ETFs are continually priced and can be traded between the Equity market timings, i.e., between 9:15 AM and 3:30 PM. Buying/Selling ETFs is ...