When can I access my mutual fund purchase details?
After executing a mutual fund transaction, you will receive the purchase details within three days from the date of the transaction, often referred to as T+3 days.
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What is a mutual fund?
A mutual fund is a financial vehicle that pools together money from many investors to purchase a diversified portfolio of stocks, bonds, or other securities. Managed by a professional portfolio manager, mutual funds offer investors access to a broad ...
Where can I find details about the lock-in period for a mutual fund scheme?
A lock-in period refers to a specified duration during which investors are restricted from selling their mutual fund holdings. In the Indian context, the duration of the lock-in period usually starts from a minimum of 3 years. While a majority of ...
What is a bank mandate in mutual fund investments?
A bank mandate is a crucial component of mutual fund investments, streamlining the process for investors. In essence, it's a one-time registration procedure that grants your bank account the authorization to debit funds, up to a predetermined limit, ...
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 ...
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: Download the Necessary Forms: Begin by downloading the forms here. Fill in Essential Details: The form requires your DP ID, and your name as per your ...