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Who is the controlling authority for mutual funds?
The Securities and Exchanges Board of India SEBI and The Association of Mutual Funds in India (AMFI) control the Mutual Funds in India
Where can one find out more information on the mutual funds market?
There are many places where one can find more information on the mutual funds market. One can find more information on the mutual funds market at popular on the web sources such as Investopedia and FINRA.
What are the best mutual funds in todays market?
The best mutual funds in todays market are the ones that are newly aquired and the business is gaining lots of points.
Is income from mutual funds are taxable in India?
No.
Is Demat account compulsory for mutual fund SIP Investments?
A demat account is necessary for stock market but not required for mutual funds including SIP. For investing in Mutual funds you need to submit your KYC documents. If you are interested in investing in stock market or mutual funds,
How many mutual fund companies in India?
the he number of Companies in India have increased at an impressive rate in the last few decades. Most of the Indian Companies have tasted tremendous success due to the massive industrialization that has taken place. More and more foreign companies are either holding hands with some of the Companies in India by entering into a partnership with them or they are building up their own offices and branches in India. The various Companies in India like the Engineering Companies in India , Software Companies in India , Food & Beverage Companies in India , Iron & Steel Companies in India , Pharmaceutical Companies in India and many others are helping in the speedy development of the Indian economy.
Are mutual funds covered by federal market insurance?
No. Stock Market Investments (Mutual Funds as well) are not covered by federal insurance. It covers only bank deposits
What does AMFI stands for?
Association of Mutual Funds in India
What is AMFI?
Association of Mutual Funds of India(AMFI)
Why mutual funds are not popular in south India?
Unfortunately this is a Myth. Mutual Funds are very popular in South India and even investors from Rural Areas are starting to invest in MFs
Why should you invest in the mutual fund when you can directly invest in the same instrument?
As all the other instruments in equity and debts even mutual funds carry risk, but mutual funds are considered a better option because ,you investments will be managed by the professional managers who are in the better positions and they can spread your investment across various sectors around the market .Thus we can say that mutual funds are best option of investment in which few mutual funds like reliance mutual funds and DSP mutual funds are good players in the market .
What are the factors responsible for underdevelopment of commercial bill market in India?
To develop the commercial bills market, the Securities and Exchange Board of India (SEBI) allowed, in 1995-96, 14 mutual funds to participate as lenders in the bills rediscounting market. During 1996-97, seven more mutual funds were permitted to participate in this market as lenders while another four primary dealers were allowed to participate as both lenders and borrowers
