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BSE Prices delayed by 5 minutes... << Prices as on Mar 23, 2023 - 3:59PM >>  ABB India  3359.75 [ 1.47% ] ACC  1738.15 [ -0.06% ] Ambuja Cements Ltd.  372 [ -0.98% ] Asian Paints Ltd.  2797.4 [ -1.49% ] Axis Bank Ltd.  848.75 [ -0.09% ] Bajaj Auto  3861 [ -1.57% ] Bank of Baroda  162.7 [ -2.84% ] Bharti Airtel  762.55 [ 0.99% ] Bharat Heavy Ele  74.26 [ 0.16% ] Bharat Petroleum  348.15 [ -1.04% ] Britannia Ind.  4242.8 [ -0.06% ] Cairn India Ltd.  285.4 [ 0.90% ] Cipla  869.5 [ 0.71% ] Coal India  213.25 [ -0.28% ] Colgate Palm.  1521 [ 1.10% ] Dabur India  539.7 [ -0.06% ] DLF Ltd.  367.25 [ -0.38% ] Dr. Reddy's Labs  4447.95 [ -0.63% ] GAIL (India)  105.05 [ -0.38% ] Grasim Inds.  1605.55 [ -0.47% ] HCL Technologies  1066.05 [ -1.40% ] HDFC  2567.7 [ -0.65% ] HDFC Bank  1562.65 [ -0.80% ] Hero MotoCorp  2361.6 [ 0.32% ] Hindustan Unilever L  2488 [ 0.46% ] Hindalco Indus.  398.8 [ 1.49% ] ICICI Bank  855.9 [ -0.47% ] IDFC L  80.32 [ -0.99% ] Indian Hotels Co  313.95 [ -0.36% ] IndusInd Bank  1018.1 [ -1.28% ] Infosys  1374.5 [ -1.08% ] ITC Ltd.  380.2 [ 0.68% ] Jindal St & Pwr  555.15 [ -0.32% ] Kotak Mahindra Bank  1679.15 [ -1.49% ] L&T  2206.1 [ -0.34% ] Lupin Ltd.  648.5 [ -1.65% ] Mahi. & Mahi  1164.8 [ 0.03% ] Maruti Suzuki India  8339.65 [ 1.07% ] MTNL  18.81 [ -0.90% ] Nestle India  19050.35 [ 1.25% ] NIIT Ltd.  330 [ -1.67% ] NMDC Ltd.  110.95 [ -0.72% ] NTPC  175 [ 0.23% ] ONGC  152.75 [ 0.76% ] Punj. NationlBak  46.87 [ -2.05% ] Power Grid Corpo  222.15 [ -0.89% ] Reliance Inds.  2247.55 [ -1.28% ] SBI  512.7 [ -1.69% ] Vedanta  271.35 [ -4.87% ] Shipping Corpn.  133.65 [ -3.40% ] Sun Pharma.  976 [ 0.42% ] Tata Chemicals  968.65 [ 0.74% ] Tata Consumer Produc  706 [ -0.67% ] Tata Motors Ltd.  419.1 [ 0.73% ] Tata Steel  104.85 [ 0.05% ] Tata Power Co.  200.1 [ -0.45% ] Tata Consultancy  3124 [ -0.21% ] Tech Mahindra  1099.75 [ 0.07% ] UltraTech Cement  7416.9 [ 0.37% ] United Spirits  767.5 [ -1.18% ] Wipro  361.55 [ -1.34% ] Zee Entertainment En  216.1 [ 0.82% ] 
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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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