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BSE Prices delayed by 5 minutes... << Prices as on Dec 09, 2022 - 12:01PM >>  ABB India  2998.65 [ 0.30% ] ACC  2607.75 [ -0.54% ] Ambuja Cements Ltd.  589.1 [ 0.26% ] Asian Paints Ltd.  3233.9 [ 0.41% ] Axis Bank Ltd.  936.95 [ -0.27% ] Bajaj Auto  3621.3 [ -0.43% ] Bank of Baroda  192.45 [ 2.34% ] Bharti Airtel  831.15 [ -0.23% ] Bharat Heavy Ele  88.05 [ 0.63% ] Bharat Petroleum  338.05 [ 0.72% ] Britannia Ind.  4403 [ 0.22% ] Cairn India Ltd.  285.4 [ 0.90% ] Cipla  1111.55 [ 0.40% ] Coal India  230.95 [ 0.20% ] Colgate Palm.  1654.8 [ 1.25% ] Dabur India  600.85 [ -0.53% ] DLF Ltd.  407.5 [ 0.69% ] Dr. Reddy's Labs  4368.35 [ 0.30% ] GAIL (India)  92.7 [ 0.11% ] Grasim Inds.  1809.05 [ -0.19% ] HCL Technologies  1023.45 [ -7.06% ] HDFC  2676 [ 0.41% ] HDFC Bank  1629.55 [ 0.62% ] Hero MotoCorp  2767.35 [ 0.36% ] Hindustan Unilever L  2727 [ 0.95% ] Hindalco Indus.  472.25 [ 0.16% ] ICICI Bank  930.85 [ -0.08% ] IDFC L  83.85 [ -0.30% ] Indian Hotels Co  328.4 [ 0.35% ] IndusInd Bank  1207.9 [ 1.37% ] Infosys  1570.75 [ -3.04% ] ITC Ltd.  339.95 [ 0.49% ] Jindal St & Pwr  546.75 [ -2.30% ] Kotak Mahindra Bank  1902.5 [ 0.27% ] L&T  2188.65 [ 0.99% ] Lupin Ltd.  754.2 [ -0.05% ] Mahi. & Mahi  1272.35 [ -0.14% ] Maruti Suzuki India  8640.2 [ -0.48% ] MTNL  26.1 [ 8.75% ] Nestle India  20078.5 [ 1.39% ] NIIT Ltd.  334.5 [ -0.33% ] NMDC Ltd.  123.8 [ -0.48% ] NTPC  171.05 [ 0.41% ] ONGC  142.6 [ -0.04% ] Punj. NationlBak  58.05 [ 0.61% ] Power Grid Corpo  218.1 [ 0.16% ] Reliance Inds.  2636 [ -0.51% ] SBI  614.5 [ 0.46% ] Vedanta  311.7 [ -0.65% ] Shipping Corpn.  134 [ -0.81% ] Sun Pharma.  994.1 [ 1.34% ] Tata Chemicals  1045.75 [ -0.04% ] Tata Consumer Produc  807.2 [ 0.42% ] Tata Motors Ltd.  416.15 [ -0.25% ] Tata Steel  111.8 [ -0.04% ] Tata Power Co.  223.35 [ -0.73% ] Tata Consultancy  3299.05 [ -1.53% ] Tech Mahindra  1040.6 [ -3.10% ] UltraTech Cement  7160 [ -0.21% ] United Spirits  946.7 [ 0.53% ] Wipro  396.55 [ -1.77% ] Zee Entertainment En  260.4 [ -0.84% ] 
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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."
  "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
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