Investing in Mutual Fund
The Net Asset Value (NAV) applicable to a Mutual Fund purchase depends on the time of payment realisation and the cut-off time set by SEBI.
Sometimes, the AMC sends a confirmation SMS/email before updating Lakshmishree's system.
Some Mutual Fund Schemes Restrict investments to only SIP or only Lump Sum due to:
A Top-Up in Mutual Funds allows investors to increase their existing investment amount in a scheme. It helps in:
A Folio Number is a Unique Identifier assigned by the AMC to track an investor's Mutual Fund holdings within a scheme.