To make investment and fund objective simpler, SEBI has defined criteria for each fund and group the funds based on the strategy and investment duration. Previous post, we discussed about equity mutual funds. In this post, we would discuss newly updated debt and hybrid mutual funds categories and it objectives. Debt Mutual funds : SEBI has classified debt funds based ...
know-your-client (KYC) norms have been made mandatory for everyone who wishes to invest in mutual fund. Investors need to submit their KYC acknowledgement along with investment form. Know your client (KYC) verification is a mandatory requirement for mutual fund investments in India. KYC essentially is a record of the investor’s identity and address. If you are new to mutual funds, ...