Mutual Funds
What is the expense ratio in mutual funds?
The Expense Ratio denotes the annual operating expenses of a mutual fund scheme as a percentage of its daily net assets. It covers the costs associated with the fund's management, administration, advertising, and other operational expenses. If a ...
What does repurchase price mean in mutual funds?
In the context of mutual funds, the repurchase price refers to the rate at which a closed-ended scheme buys back its units from investors. The repurchase price might be equivalent to the fund's Net Asset Value (NAV), or it could be slightly less if ...
What does redemption price mean in mutual funds?
Redemption Price is the amount an investor receives when selling units of an open-ended mutual fund scheme. If there's no exit load associated with the redemption, then the redemption price will be equal to the NAV of the scheme. However, if there is ...
What is entry load?
Entry Load is a fee that investors pay at the time of purchasing units of a mutual fund scheme. It is an upfront charge deducted from the investment amount, implying that a part of the investment goes towards this fee and the remaining is invested in ...
What does switch mean?
In the context of mutual funds, 'switching' refers to the option that allows investors to transfer their investment from one scheme to another within the same fund family. It is a feature that enables investors to realign their portfolio based on ...
What happens if a mutual fund scheme closes down?
If a mutual fund scheme winds up or closes, the assets of the scheme are liquidated. Following this, the proceeds are distributed to the unit holders in proportion to their holdings, based on the prevailing Net Asset Value (NAV) after deducting the ...
How do I check whether the Mutual Funds segment (BSE MF) is enabled in my account?
You can verify the BSE-MF segment is active or not by following the below process. Login to your My Account using your FYERS credentials. Go to Manage Account available in your profile. You can spot the BSE MF segment under Active/Inactive segments. ...
How do I add the BSE MF segment to my existing FYERS account?
If you're already registered with one exchange or segment on FYERS and wish to expand your trading options, it's a simple process. Here's how you can add a new segment or exchange: Access your account: Log into 'My Account' on FYERS. Opt for segment ...
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, ...
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 ...
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: ...