Term And Condition

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When investing through Mutual Fund Distributors (MFDs), investors need to understand the following terms and conditions:

Net Asset Value (NAV): The value of mutual fund units is based on the applicable NAV, which fluctuates based on market conditions.
Commissions and Fees: Distributors may receive commissions (upfront, trail, or otherwise) from Asset Management Companies (AMCs). These should be transparently disclosed to the investor.
Entry and Exit Loads: Some mutual fund schemes may charge entry (at the time of purchase) or exit loads (at the time of redemption). Investors should be informed about these charges beforehand.
Execution-Only Platform: MFDs may offer an execution-only platform, meaning they execute transactions without providing investment advice.
KYC Compliance: Investors must complete the Know Your Customer (KYC) process before investing.
Right to Information: Investors have the right to receive all relevant information about the mutual fund schemes, including scheme information documents, key information memorandums, and periodic statements.