When investing through Mutual Fund Distributors (MFDs), investors need to understand the following terms and conditions:
Net Asset Value (NAV): The value of mutual fund units is based on the applicable NAV, which fluctuates based on market conditions.
Commissions and Fees: Distributors may receive commissions (upfront, trail, or otherwise) from Asset Management Companies (AMCs). These should be transparently disclosed to the investor.
Entry and Exit Loads: Some mutual fund schemes may charge entry (at the time of purchase) or exit loads (at the time of redemption). Investors should be informed about these charges beforehand.
Execution-Only Platform: MFDs may offer an execution-only platform, meaning they execute transactions without providing investment advice.
KYC Compliance: Investors must complete the Know Your Customer (KYC) process before investing.
Right to Information: Investors have the right to receive all relevant information about the mutual fund schemes, including scheme information documents, key information memorandums, and periodic statements.
Your trust is our top priority. We employ industry-leading security measures to protect your data and investments, offering you peace of mind with every transaction.
Contact us today to learn more about our expert financial planning services and to schedule a consultation with one of our experienced planners.
