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Difference between NFO and mutual fund?
NFO is the first stage in the life of a mutual fund. A mutual fund becomes an active fund only after the New Fund Offering (NFO) is complete. An NFO is an option where people invest in the fund house for the first time. Once the fund house gets established, then there is no NFO, any investor can contact the fund house and buy the fund.
How can I cash out my mutual fund to buy a house?
To cash out your mutual fund to buy a house, you can contact your mutual fund company and request a redemption of your investment. This will allow you to receive the cash value of your mutual fund, which you can then use towards purchasing a house. Keep in mind that there may be tax implications and fees associated with redeeming your mutual fund, so it's important to consider these factors before proceeding.
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.
Describe a mutual fund?
A mutual fund is an investment instrument for the common man does not have the time or expertise to invest directly in the stock market. an experienced investor pools in money from such investors and invests in the stock market on their behalf. This person is called the fund manager and the organization that employs this person is the fund house. The whole system is called a mutual fund.
NAV in case of mutual fund units means?
NAV stands for Net Asset Value. This is the financial worth of all the assets held by a mutual fund house that were purchased using the money collected from investors.
Difference between NFO and mutual fund?
NFO is the first stage in the life of a mutual fund. A mutual fund becomes an active fund only after the New Fund Offering (NFO) is complete. An NFO is an option where people invest in the fund house for the first time. Once the fund house gets established, then there is no NFO, any investor can contact the fund house and buy the fund.
The fund house that first launched an index fund in India?
BNP Paribas
Attractions to an investors in private equity fund?
An investor could get attracted to a private equity fund due to a variety of reasons... Some are: * Fund house credibility and reputation * Past performance of similar funds from the same fund house * Fund managers capability * Tax benefits * etc...
Where is the Blair House Restoration Fund in Washington located?
The address of the Blair House Restoration Fund is: Po Box 27208, Washington, DC 20038-7208
How can I cash out my mutual fund to buy a house?
To cash out your mutual fund to buy a house, you can contact your mutual fund company and request a redemption of your investment. This will allow you to receive the cash value of your mutual fund, which you can then use towards purchasing a house. Keep in mind that there may be tax implications and fees associated with redeeming your mutual fund, so it's important to consider these factors before proceeding.
How to close an mutual fund account?
You need to submit a redemption request with the mutual fund house where you have mutual fund investments. The fund house would have given you a folio number when you initially invested the money with them. You need to fill that up in the redemption form. Once you submit your request (Usually a redemption form) the mutual fund house will process your request and will repay you the current value of your investment in 3-5 working days.
Where is the Mayflower Society House Endowment Fund in Plymouth Massachusetts located?
The address of the Mayflower Society House Endowment Fund is: Po Box 3297, Plymouth, MA 02361-3297
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.
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 does a NAV column do in a mutual fund quotation?
NAV stands for Net Asset Value. NAV is the value of the total assets that are under management by the fund house at a per unit basis. Let us say a fund house has a total assets under management of Rs. 10,000/- and have 1000 units in the market, the NAV would be 10000/1000 = Rs. 10. This is the price at which you can buy or sell the units of the fund house on any particular trading day. This value would vary based on the changes to the price of the stocks held by the fund house.
Can a17yearold leave the house in Texas?
Yes but you have to get emancipated and have a trust fund
May you cancel your mutual fund application?
Yes you can. But the fund house may charge you an exit load if your purchase request has been processed.
