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What is the minimum initial investment for a mutual fund?
Spiderkidd95
It depends from fund to fund. However, in India the most commonly used numbers are:
Rs. 5000/- for first time investment & Rs. 1000/- for subsequent purchaces
Rs. 500/- per month for SIP's
Note: There are funds that expect a minimum Rs. 1000/- for SIP and even Rs. 25,000/- for first time investment
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∙ 12y ago
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What is the minimum for a mutual fund?
In India the Minimum amounts for mutual fund purchases are as follows: One Time Investment: Initial Purchase - First time - Minimum Rs. 5000 Subsequent Purchases - Minimum Rs. 1000 and above Systematic Investment: Min Rs. 500 per SIP month. Note: some MFs have a higher minimum amount requirement and you need to check the funds offer documents for the exact numbers
What is the full form of UIT mutual fund?
Unit Investment Trust Mutual Fund
How much money does it take to invest in a mutual fund?
It depends on the type of mutual fund you want to invest and also the fund house in which you want to invest your money. In majority of the cases the minimum amounts are as follows: a. One time Investment - Open ended Mutual Fund - Rs. 1000/- and multiples of Rs. 500/- thereafter b. Systematic Investment - Open ended Mutual Fund - Rs. 500/- and multiples of Rs. 250/- thereafter c. One time investment - Close ended Mutual Fund - Rs. 5000/- and multiples of Rs. 1000/- thereafter These numbers are approximate and may vary from fund house to fund house.
What is an equity fund in a mutual fund?
A mutual fund which invests a minimum of 65% of its fund corpus in equity and equity related instruments is known as equity mutual fund. As in the case of other mutual funds, equity funds also carry risks as they investment in the stock market. However, they also ensure high returns. Equity funds are of different types such as Index Funds, Sector Funds, and Diversified Equity Funds.
When you own a mutual fund what exactly do you own?
Mutual fund is a low risk investment. If you invest in a mutual fund, you owns shares of the mutual fund company who is selling you fund. But you do not actually own any underlying asset of the stocks or securities that mutual fund has invested in even they are using your money to invest.
What is the minimum for a mutual fund?
In India the Minimum amounts for mutual fund purchases are as follows: One Time Investment: Initial Purchase - First time - Minimum Rs. 5000 Subsequent Purchases - Minimum Rs. 1000 and above Systematic Investment: Min Rs. 500 per SIP month. Note: some MFs have a higher minimum amount requirement and you need to check the funds offer documents for the exact numbers
What do they sell in mutual fund stores?
Mutual Fund Products & Investment Advise.
What is the minimum allowed in fund investments?
It depends on the type of mutual fund you want to invest and also the fund house in which you want to invest your money. In majority of the cases the minimum amounts are as follows: a. One time Investment - Open ended Mutual Fund - Rs. 1000/- and multiples of Rs. 500/- thereafter b. Systematic Investment - Open ended Mutual Fund - Rs. 500/- and multiples of Rs. 250/- thereafter c. One time investment - Close ended Mutual Fund - Rs. 5000/- and multiples of Rs. 1000/- thereafter These numbers are approximate and may vary from fund house to fund house.
What is the full form of UIT mutual fund?
Unit Investment Trust Mutual Fund
How much money does it take to invest in a mutual fund?
It depends on the type of mutual fund you want to invest and also the fund house in which you want to invest your money. In majority of the cases the minimum amounts are as follows: a. One time Investment - Open ended Mutual Fund - Rs. 1000/- and multiples of Rs. 500/- thereafter b. Systematic Investment - Open ended Mutual Fund - Rs. 500/- and multiples of Rs. 250/- thereafter c. One time investment - Close ended Mutual Fund - Rs. 5000/- and multiples of Rs. 1000/- thereafter These numbers are approximate and may vary from fund house to fund house.
which mutual fund company would you recommend in canada?
TD Mutual Fund Company has high recommendations on their mutual fund activity. It is one of the largest investment companies in Canada. TD Mutual Fund has a long history of helping investors with a variety of investment portfolios.
What are the guidliance issued by sebi for advertisement published by mutual fund?
Mutual Fund investment are subject to market-risk, please read the offer document carefully before investment
What is an equity fund in a mutual fund?
A mutual fund which invests a minimum of 65% of its fund corpus in equity and equity related instruments is known as equity mutual fund. As in the case of other mutual funds, equity funds also carry risks as they investment in the stock market. However, they also ensure high returns. Equity funds are of different types such as Index Funds, Sector Funds, and Diversified Equity Funds.
Who determines the investment policies of the mutual fund?
The Fund Manager and the Asset Management Company
When you own a mutual fund what exactly do you own?
Mutual fund is a low risk investment. If you invest in a mutual fund, you owns shares of the mutual fund company who is selling you fund. But you do not actually own any underlying asset of the stocks or securities that mutual fund has invested in even they are using your money to invest.
Why might one want to invest in a mutual fund?
A mutual fund diversifies your initial investment by allocating your money to different companies stocks and sometimes bonds. By diversifying it helps to make sure that if one stock is affected negatively, the other stocks in the fund will help counter those affects.
In Mutual Fund terminology what is a SIP?
Systematic Investment Plan
