Mutual Funds
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: ...
Popular Articles
How long does it take to process a withdrawal request?
Upon placing a withdrawal request with FYERS, here's what you need to know: Same-day Processing: If you make a request between 5:30 AM and 5:00 PM, we process it on the same day. However, if you have open commodity positions/orders in the MCX ...
What are the latest features in FYERS Web?
The latest TradingView library has been integrated on the FYERS Web and the following are the feature updates. New Features: 1. Icons have been provided for Exit positions, Fund Transfer, Basket Order, My Account, User Settings, Refresh Trading ...
What is GTT? Can I place a GTT order in FYERS?
Good Till Trigger (GTT) is an order type where you can set a Target or Stop-Loss, remaining valid for up to one year from its placement. In essence, you determine a price to Buy or Sell a particular scrip, and this order remains active until that ...
Are there Annual Maintenance Charges (AMC) at FYERS?
No, FYERS does not impose any Annual Maintenance Charges (AMC). However, it's essential to note that clients who opened their accounts between 1st April 2020 and 4th June 2021 were subjected to AMC charges until 30th September.
What is the FYERS 30 Day Challenge, and why was it discontinued?
To encourage discipline among traders, we introduced FYERS 30 Day Challenge. Essentially, if you are in net profits for a period of 30 trading days, the brokerage charges incurred during the period will be refunded up to a limit of ₹10,000 per ...