Mutual funds
Can I transfer my shares or mutual funds from an NSDL Demat account to FYERS?
Yes, you can transfer your shares or mutual fund holdings from an NSDL Demat account to your FYERS Demat account. The transfer is initiated by your current broker and requires documentation from both FYERS and your existing depository participant ...
What is a mutual fund?
If you're new to investing, a mutual fund is a great place to start. It's a simple and accessible way to gain exposure to a wide range of financial assets, all managed by professionals. Here's a clear explanation of how it works and why it might suit ...
When is NAV applied for mutual fund orders on FYERS?
On FYERS, the Net Asset Value (NAV) is applied based on when your payment is credited to ICCL (Indian Clearing Corporation Limited), not just when you place the order. The NAV varies by fund type, payment method, and transaction timing. 1. NAV ...
Does the NAV of a mutual fund scheme change daily?
Yes, the Net Asset Value (NAV) of a mutual fund scheme typically changes every business day. NAV reflects the per-unit market value of all securities held by the fund after accounting for expenses and liabilities. It is calculated and published by ...
What are open-ended funds/schemes?
Open-ended mutual fund schemes are investment options that remain available for subscription and redemption throughout the year. These funds do not have a fixed maturity date and allow investors to buy or sell units at any time based on the scheme’s ...
What is the benefit of open-ended funds/schemes?
The key benefit of open-ended mutual fund schemes is liquidity. Investors can buy or redeem units at any time based on the prevailing Net Asset Value (NAV), without needing to wait for a fixed maturity date. This flexibility makes open-ended funds ...
What are debt-oriented schemes in mutual funds?
Debt-oriented mutual fund schemes—also called income funds—primarily invest in fixed-income instruments such as government securities, corporate bonds, debentures, commercial papers, and treasury bills. These schemes aim to generate regular income ...
What are equity-oriented schemes in mutual funds?
Equity-oriented mutual fund schemes primarily invest in shares of listed companies and equity-linked instruments. These funds aim for capital appreciation by participating in the long-term growth of businesses across sectors and market ...
What are closed-ended funds/schemes in mutual funds?
Closed-ended mutual fund schemes are structured investment options that accept subscriptions only during a fixed period known as the New Fund Offer (NFO). These schemes have a predetermined maturity date—typically between 3 to 5 years—and do not ...
What are balanced/hybrid funds in mutual funds?
Balanced or hybrid mutual fund schemes are designed to offer a mix of equity and debt investments within a single portfolio. These funds aim to generate moderate returns by balancing capital growth (via equities) with income stability (via debt ...
Can NRIs invest in mutual funds in India?
Yes, FYERS supports mutual fund investments for Non-Resident Indians (NRIs). However, the ability to invest depends on whether a specific mutual fund scheme permits NRI participation, which is determined by the respective AMC (Asset Management ...
What are money market or liquid funds?
Money market or liquid mutual funds are a type of short-term debt fund that focuses on preserving capital and providing high liquidity. These funds invest in low-risk, short-duration instruments such as treasury bills, commercial papers, certificates ...
What are gilt funds?
Gilt funds are debt mutual fund schemes that invest predominantly in government securities issued by the central and state governments. These funds carry minimal credit risk, as the securities are backed by the government, making them a safer option ...
What are sector-specific funds/schemes?
Sector-specific mutual funds are equity funds that invest exclusively in a particular industry or economic sector such as IT, pharmaceuticals, FMCG, banking, infrastructure, or energy. These funds aim to capitalize on the growth potential of a ...
How do growth plans in mutual funds work?
Growth plans are a type of mutual fund option where the returns generated by the fund are reinvested back into the scheme rather than being paid out as dividends. This reinvestment contributes to the compounding of returns and a gradual increase in ...
Can a mutual fund investor appoint a nominee?
Yes, individual mutual fund investors can appoint a nominee to their investments to ensure the smooth transfer of units in case of the investor’s demise. This facility helps avoid legal complications and ensures the intended beneficiary receives the ...
What is a dividend reinvestment plan in mutual funds?
A Dividend Reinvestment Plan (DRIP) is a mutual fund option where the dividends declared by the fund are not paid out in cash to the investor. Instead, the dividend amount is automatically reinvested into the same scheme, resulting in the purchase of ...
How do dividend plans in mutual funds function?
Dividend plans in mutual funds are designed to provide investors with periodic cash payouts from the earnings or surplus generated by the fund. These distributions, known as dividends or IDCW (Income Distribution cum Capital Withdrawal), are credited ...
Are there inherent risks when investing in mutual funds?
Yes, mutual funds—though professionally managed and diversified—do carry inherent risks. These funds invest in different asset classes such as stocks, bonds, or short-term money market instruments, all of which are subject to market dynamics. The ...
What is exit load?
Exit load is a charge imposed by an Asset Management Company (AMC) when an investor exits a mutual fund scheme—either by redeeming units or switching to another scheme—within a specified period. It is expressed as a percentage of the redemption ...
Is exit load a standard charge across all mutual funds?
No, exit load is not a universal or standard charge across all mutual fund schemes. Whether an exit load is applicable, and the percentage charged, depends entirely on the scheme’s structure as defined by the Asset Management Company (AMC). While ...
When can I access my mutual fund purchase details?
Once you complete a mutual fund transaction on FYERS, your purchase details—including the allotted units and NAV—are typically made available within three working days from the transaction date (T+3). This timeline includes order processing by the ...
How do ELSS funds aid in tax saving and can they be pledged for F&O trading?
Equity Linked Savings Schemes (ELSS) are tax-saving mutual funds that invest primarily in equities. They qualify for deductions under Section 80C of the Income Tax Act, 1961—making them a dual-benefit option for both investment growth and tax saving. ...
What is the expense ratio in mutual funds?
The expense ratio is the annual fee charged by a mutual fund to manage your investment. It represents the fund’s operating costs—such as management fees, administrative charges, registrar fees, and marketing expenses—expressed as a percentage of the ...
What does repurchase price mean in mutual funds?
In mutual funds, the repurchase price is the price at which a fund house buys back units from investors, most commonly applicable to closed-ended or interval schemes. This price represents the value investors receive per unit when they choose to ...
What does redemption price mean in mutual funds?
In mutual funds, the redemption price is the amount an investor receives when they sell or redeem units of an open-ended mutual fund scheme. It reflects the per-unit value an investor gets back and is closely tied to the scheme’s Net Asset Value ...
What is entry load?
Entry load refers to a fee that was historically charged to investors at the time of purchasing units in a mutual fund scheme. It was deducted upfront from the investment amount, reducing the actual amount invested in the scheme. The entry load ...
What does switch mean?
In mutual funds, a switch refers to the action of transferring an investment from one scheme to another within the same mutual fund house (AMC). This facility allows investors to move money between schemes—such as from a debt fund to an equity ...
What happens if a mutual fund scheme closes down?
While mutual fund investments are typically long-term instruments, there are rare situations where a scheme may close down or wind up. If this happens, the fund house follows a regulated process to liquidate assets and return the proceeds to ...
How do I check whether the mutual funds segment (BSE MF) is enabled in my account?
At FYERS, the mutual funds segment (BSE MF) is enabled by default for all clients. However, you can still check its status anytime from your profile section to ensure everything is set up correctly. Steps to verify if the segment is enabled Log in to ...
How do I add the BSE MF segment to my existing FYERS account?
There’s no need to take any additional action to enable the BSE Mutual Funds (MF) segment in your FYERS account—it is enabled by default for all clients. Once your KYC is verified and your trading account is active, the mutual funds segment is ...
What is a bank mandate in mutual fund investments?
A bank mandate is a one-time authorisation that allows FYERS to automatically debit your bank account or UPI for mutual fund investments. It eliminates the need to manually approve each transaction, making SIPs and one-time investments seamless, ...
How to invest in SIPs or a one-time on FYERS?
Whether you're planning a long-term SIP or a one-time lumpsum investment, FYERS makes mutual fund investing easy through its direct platform. All you need is an active Trading and Demat account with FYERS and BSE-MF segment enabled to get started. ...