Mutual Funds, as the name suggests is a pool of funds put together mutually by several investors for a common financial goal. The money is collected to invest in securities such as stocks, bonds, money market investments, etc. Since all these are subject to variation in the market, hence it is important to understand and gauge their performances; hence an expert who professionally manages the collective investments is banked upon and is called Fund Managers. Mutual Fund investments have several categories, so you can choose them basis the following:
- Types of Investments-
- Equity funds/ schemes
- Diversified Equity Fund/ schemes
- Index funds
- Gift funds
- Debt funds/ schemes
- Money market funds
- Sector specific funds
- Closure time scheme type
- Open Ended Mutual Fund
- Closed ended
- Tax Incentive based investment type
- Tax Saving Mutual Funds
Different Asset Management Companies offer distinct kind of Mutual Funds Schemes, hence the above can vary. Now a days there’s hardly any hassles of filling up for mutual funds KIM application form and you can easily opt for online application of mutual funds as well.
The information herein is meant only for general reading purposes and the views being expressed only constitute opinions and therefore cannot be considered as guidelines, recommendations or as a professional guide for the readers. Certain factual and statistical information (historical as well as projected) pertaining to Industry and markets have been obtained from independent third-party sources, which are deemed to be reliable. It may be noted that since NAM-INDIA has not independently verified the accuracy or authenticity of such information or data, or for that matter the reasonableness of the assumptions upon which such data and information has been processed or arrived at; NAM-INDIA does not in any manner assures the accuracy or authenticity of such data and information. Some of the statements & assertions contained in these materials may reflect NAM-INDIA’s views or opinions, which in turn may have been formed on the basis of such data or information.
Before making any investments, the readers are advised to seek independent professional advice, verify the contents in order to arrive at an informed investment decision. None of the Sponsor, the Investment Manager, the Trustee, their respective directors, employees, affiliates, or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the information contained in this material.
Helpful information for investors: All Mutual Fund investors have to go through a one-time KYC (know your Customer) process. Investors should deal only with registered mutual funds, to be verified on SEBI website under ‘Intermediaries/ Market Infrastructure Institutions’. For redressal of your complaints, you may please visit www.scores.gov.in . For more info on KYC, change in various details & redressal of complaints, visit www.nipponindiamf.com/InvestorEducation/what-to-know-when-investing.htm
This is an investor education and awareness initiative by Nippon India Mutual Fund.
The information herein is meant only for general reading purposes and the views being expressed only constitute opinions and therefore cannot be considered as guidelines, recommendations or as a professional guide for the readers. The document has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. The sponsor, the Investment Manager, the Trustee or any of their directors, employees, affiliates or representatives (“entities & their affiliates”) do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of such information. Recipients of this information are advised to rely on their own analysis, interpretations & investigations. Readers are also advised to seek independent professional advice in order to arrive at an informed investment decision. Entities & their affiliates including persons involved in the preparation or issuance of this material shall not be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the information contained in this material. Recipient alone shall be fully responsible for any decision taken on the basis of this document.
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
Disclaimer: Content Produced by Nippon India Mutual Fund
Source From : Times Of India