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BSE Prices delayed by 5 minutes... << Prices as on May 22, 2019 - 2:20PM >>  ABB India  1440.5 [ 1.02% ] ACC  1620 [ 0.48% ] Ambuja Cements Ltd.  220.95 [ 0.18% ] Asian Paints Ltd.  1364.7 [ 0.45% ] Axis Bank Ltd.  778.95 [ 0.76% ] Bajaj Auto Ltd.  3032.55 [ 1.74% ] Bank of Baroda  126.35 [ 0.80% ] Bharti Airtel  335.95 [ 1.56% ] Bharat Heavy Ele  65.2 [ 2.92% ] Bharat Petroleum  386 [ 3.02% ] Britannia Ind.  2870 [ 0.84% ] Cairn India Ltd.  285.4 [ 0.90% ] Cipla  569.25 [ 1.88% ] Coal India  239.8 [ 1.05% ] Colgate Palm.  1157.45 [ -0.13% ] Dabur India  384.55 [ 0.46% ] DLF Ltd.  174.5 [ 1.93% ] Dr. Reddy's Labs  2656.4 [ -0.23% ] GAIL (India) Ltd.  336.8 [ -0.60% ] Grasim Inds.  857.85 [ -0.97% ] HCL Technologies  1062.15 [ 0.49% ] HDFC  2143 [ 1.37% ] HDFC Bank  2413 [ 0.38% ] Hero MotoCorp  2700 [ 1.62% ] Hindustan Unilever L  1764.05 [ -1.09% ] Hindalco Indus.  197.7 [ 0.87% ] ICICI Bank  405.1 [ 1.19% ] IDFC L  35.6 [ -2.47% ] Indian Hotels Co  147.5 [ -1.24% ] IndusInd Bank  1521.8 [ 5.13% ] Infosys  710.25 [ 0.15% ] ITC Ltd.  298.35 [ -2.28% ] Jindal St & Pwr  149 [ -8.67% ] Kotak Mahindra Bank  1499.7 [ 0.84% ] L&T  1459.45 [ 0.78% ] Lupin Ltd.  757 [ 1.26% ] Mahi. & Mahi  640 [ 0.19% ] Maruti Suzuki India  6896.45 [ 0.56% ] MTNL  8.5 [ -0.70% ] Nestle India  10714.65 [ 1.12% ] NIIT Ltd.  100.7 [ -0.64% ] NMDC Ltd.  94.5 [ 1.39% ] NTPC  129.6 [ 0.90% ] ONGC  176.75 [ 1.41% ] Punj. NationlBak  84.7 [ -1.68% ] Power Grid Corpo  182.3 [ -0.92% ] Reliance Inds.  1344.15 [ 0.33% ] SBI  338.55 [ 0.30% ] Vedanta  166.95 [ 0.91% ] Shipping Corpn.  30.8 [ -0.65% ] Sun Pharma.  420.85 [ 2.97% ] Tata Chemicals  624.45 [ 1.38% ] Tata Global Beverage  232.65 [ 0.22% ] Tata Motors Ltd.  178.8 [ 1.25% ] Tata Steel  475.85 [ 0.50% ] Tata Power Co.  64.45 [ 0.08% ] Tata Consultancy  2086.25 [ -1.09% ] Tech Mahindra Ltd.  749.6 [ -3.08% ] UltraTech Cement  4642.25 [ -0.14% ] United Spirits  542.8 [ -1.50% ] Wipro Ltd  282.55 [ -1.50% ] Zee Entertainment En  342.6 [ -1.58% ] 
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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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