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BSE Prices delayed by 5 minutes... << Prices as on Sep 28, 2023 - 1:54PM >>  ABB India  4167.45 [ -1.54% ] ACC  2011.9 [ -0.33% ] Ambuja Cements Ltd.  424.85 [ -1.31% ] Asian Paints Ltd.  3178 [ -3.72% ] Axis Bank Ltd.  1026.2 [ 0.11% ] Bajaj Auto  5007.35 [ -0.48% ] Bank of Baroda  213 [ -0.81% ] Bharti Airtel  920.65 [ 0.11% ] Bharat Heavy Ele  128.6 [ 1.34% ] Bharat Petroleum  343.95 [ -1.48% ] Britannia Ind.  4549.6 [ -1.69% ] Cairn India Ltd.  285.4 [ 0.90% ] Cipla  1167.1 [ -1.14% ] Coal India  291.65 [ 0.03% ] Colgate Palm.  2003.5 [ -2.26% ] Dabur India  551.75 [ -1.62% ] DLF Ltd.  523.25 [ -1.05% ] Dr. Reddy's Labs  5450 [ -0.82% ] GAIL (India)  121.35 [ 0.08% ] Grasim Inds.  1924.3 [ -0.27% ] HCL Technologies  1248.7 [ -1.00% ] HDFC  2729.95 [ -0.62% ] HDFC Bank  1522 [ -0.34% ] Hero MotoCorp  2990.5 [ -0.49% ] Hindustan Unilever L  2463.2 [ -1.52% ] Hindalco Indus.  467.95 [ -1.54% ] ICICI Bank  939.55 [ -0.38% ] IDFC L  128.1 [ -1.99% ] Indian Hotels Co  406.45 [ -1.67% ] IndusInd Bank  1419.85 [ -1.18% ] Infosys  1448.1 [ -1.33% ] ITC Ltd.  441.5 [ -1.69% ] Jindal St & Pwr  684.9 [ -0.97% ] Kotak Mahindra Bank  1741.45 [ -1.35% ] L&T  3012.3 [ 1.71% ] Lupin Ltd.  1130.7 [ -0.14% ] Mahi. & Mahi  1547.05 [ -2.71% ] Maruti Suzuki India  10618 [ -0.53% ] MTNL  32.5 [ 3.64% ] Nestle India  22540 [ -1.41% ] NIIT Ltd.  124.07 [ -0.52% ] NMDC Ltd.  142.75 [ 0.25% ] NTPC  238.4 [ -0.40% ] ONGC  187.8 [ 0.29% ] Punj. NationlBak  80.45 [ -1.31% ] Power Grid Corpo  198.25 [ -0.53% ] Reliance Inds.  2346.9 [ -0.94% ] SBI  590.65 [ 0.20% ] Vedanta  210 [ 0.50% ] Shipping Corpn.  147.25 [ -2.13% ] Sun Pharma.  1136.85 [ -0.29% ] Tata Chemicals  1025 [ -1.77% ] Tata Consumer Produc  876.15 [ -1.41% ] Tata Motors Ltd.  616.8 [ -0.58% ] Tata Steel  127.1 [ -0.82% ] Tata Power Co.  259.6 [ -0.02% ] Tata Consultancy  3547.85 [ -1.11% ] Tech Mahindra  1238 [ -3.93% ] UltraTech Cement  8175.15 [ -1.07% ] United Spirits  1006.9 [ -1.06% ] Wipro  408.95 [ -1.60% ] Zee Entertainment En  256.5 [ -1.93% ] 
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Overview

A mutual fund is a professionally managed trust that pools the savings of many investors and invests them in securities like stocks, bonds, short-term money market instruments and commodities such as precious metals. Investors in a mutual fund have a common financial goal and their money is invested in different asset classes in accordance with the fund’s investment objective. Investments in mutual funds entail comparatively small amounts, giving retail investors the advantage of having finance professionals control their money even if it is a few thousand rupees. Mutual funds are pooled investment vehicles actively managed either by professional fund managers or passively tracked by an index or industry. The funds are generally well diversified to offset potential losses. They offer an attractive way for savings to be managed in a passive manner without paying high fees or requiring constant attention from individual investors. Mutual funds present an option for investors who lack the time or knowledge to make traditional and complex investment decisions. By putting your money in a mutual fund, you permit the portfolio manager to make those essential decisions for you.
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Right and Obligation, RDD, Guidance Note in Vernacular Language
Attention Investors : "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
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