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BSE Prices delayed by 5 minutes... << Prices as on Jan 18, 2019 >>  ABB India  1275.6 [ -0.69% ] ACC  1439.95 [ -1.04% ] Ambuja Cements Ltd.  212.9 [ -1.02% ] Asian Paints Ltd.  1401.3 [ 0.85% ] Axis Bank Ltd.  664.3 [ -1.77% ] Bajaj Auto Ltd.  2716.55 [ -0.36% ] Bank of Baroda  117.95 [ -1.01% ] Bharti Airtel  310.95 [ -6.42% ] Bharat Heavy Ele  70.7 [ 0.86% ] Bharat Petroleum  353.5 [ -0.25% ] Britannia Ind.  3163.2 [ -1.19% ] Cairn India Ltd.  285.4 [ 0.90% ] Cipla  509.7 [ -0.01% ] Coal India  230 [ -0.88% ] Colgate Palm.  1309.7 [ -1.10% ] Dabur India  424.05 [ 0.92% ] DLF Ltd.  180.3 [ -2.06% ] Dr. Reddy's Labs  2598.95 [ -0.68% ] GAIL (India) Ltd.  323.15 [ -2.84% ] Grasim Inds.  824 [ -0.52% ] HCL Technologies  964.5 [ 1.02% ] HDFC  2008.05 [ 0.19% ] HDFC Bank  2131.2 [ 0.10% ] Hero MotoCorp  2893 [ -0.46% ] Hindustan Unilever L  1743.7 [ -0.37% ] Hindalco Indus.  208.75 [ 1.36% ] ICICI Bank  371.9 [ -0.39% ] IDFC L  43.15 [ -1.03% ] Indian Hotels Co  136.75 [ -0.33% ] IndusInd Bank  1516.15 [ -0.41% ] Infosys  731 [ -0.33% ] ITC Ltd.  291.1 [ -0.95% ] Jindal St & Pwr  145.7 [ -0.21% ] Kotak Mahindra Bank  1237.35 [ 1.41% ] L&T  1318.25 [ -2.07% ] Lupin Ltd.  859.6 [ -1.00% ] Mahi. & Mahi  734.65 [ 0.05% ] Maruti Suzuki India  7353.35 [ 0.27% ] MTNL  14.9 [ -0.67% ] Nestle India  11241.05 [ 0.64% ] NIIT Ltd.  91 [ 2.65% ] NMDC Ltd.  90.7 [ -1.20% ] NTPC  144.35 [ -0.65% ] ONGC  146.25 [ 0.79% ] Punj. NationlBak  82.85 [ -1.78% ] Power Grid Corpo  193.25 [ -0.51% ] Reliance Inds.  1182.95 [ 4.34% ] SBI  295.2 [ -0.72% ] Vedanta  198.15 [ 0.43% ] Shipping Corpn.  44.6 [ -1.33% ] Sun Pharma.  390.75 [ -8.52% ] Tata Chemicals  692.75 [ -0.23% ] Tata Global Beverage  215.95 [ -1.30% ] Tata Motors Ltd.  183.1 [ -0.92% ] Tata Steel  470.5 [ -0.42% ] Tata Power Co.  76 [ 0.00% ] Tata Consultancy  1900.4 [ 0.28% ] Tech Mahindra Ltd.  707.7 [ 0.34% ] UltraTech Cement  3820.55 [ -0.82% ] United Spirits  584.6 [ -1.59% ] Wipro Ltd  346.2 [ 2.91% ] Zee Entertainment En  440.15 [ -0.19% ] 
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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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