ShriramInsight--Buy-Sell-MF
Shriram Insight now brings you online subscription/redemption of Mutual Funds:
As per SEBI circulation (vide circular SEBI/IMD/CIR No. 11/ 183204/2009 dated November 13, 2009 ) National  Stock Exchange of India Ltd. (NSEIL) has introduced new Mutual Fund Service System (New MFSS) and Bombay Stock Exchange Limited has introduced Bombay Stock Exchange Platform for Allotment and Redemption of MutualFund units (BSE StAR MF).To keep with trend, we bring you the facility to invest in Mutual Fund through. Know More...


How to avail MFSS facility?
  • Follow two easy steps :
  •    Download the Registration Form
  •    Submit the duly filled form in any of Shriram Insight branches
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Mutual Fund Terms

AMC

A firm that invests the pooled funds of retail investors in securities in line with the stated investment objectives.

Prospects

Mutual funds provide a prospectus to potential clients, which includes a description of the fund's strategies, the manager's background, the fund's fee structure and a fund's financials statements.

NFO

New Fund Offer (NFO) is a security offering in which investors may purchase units of a new mutual fund. A new fund offer occurs when a mutual fund is launched, allowing the firm to raise capital for purchasing securities.

NAV

Net Asset Value (NAV) is the total asset value (net of expenses) per unit of the fund and is calculated by the AMC at the end of every business day. The value of all the securities in the portfolio in calculated daily.

SIP

SIP is a plan where investors make regular, equal investment into a mutual fund, in place of a heavy one-time investment.

Equity Funds

An equity fund is an open or closed-end mutual fund that invests principally in stocks, allowing investors to buy into the fund and thus buy a basket of stocks more easily than they could purchase the individual securities.

Balanced Fund

A balanced fund is a mutual fund that generally include both equity and debt instruments, with 50-75 per cent in equity and the rest in debt.

Liquid Fund

Liquid funds are a type of mutual funds that invest in securities with a residual maturity of up to 91 days.

What is ELSS?

ELSS or Equity Linked Savings Schemes are equity schemes, where investors get tax benefit under Section 80C of the Income Tax Act. These are open ended schemes with 3 years of lock-in period.

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SEBI Reg. No. : NSE-CM [INB 231348633]  |  BSE-CM [INB 011348639]  |  NSE-F&O [INF 231348633]  |  NSE - CURRENCY DERIVATIVE [INE231348633]
MCX [INZ000078739]  |  DP - [IN-DP-19-2015]  |  [IN-DP-NSDL-311-2009]  |  RTA - [Membership No: INR000004132]
SISBL CIN : U67120TN1995PLC031813  |  ICF CIN : U72900TN2003PTC052152
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