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August 13, 2016 A single MF folio nomination can have multiple nominees
iStockPhoto How can I change a nominee? —Rakesh Poddar Every mutual fund (MF) has a nomination change form. When you fill and submit it, the previous nomination information will be overwritten by the new one. This means that at any time, there can be only one nomination instruction for a folio. If the folio has […]
ALL DEALS August 13, 2016 MF redemption process takes 1-3 days based on type of fund
iStockPhoto I have lost a lot of money in stock trading in the past and so I am sceptical of mutual funds (MFs). How do I invest in MFs but still keep the risk at bay? I have a goal of my 5-year-old daughter’s higher education. —Prakash Anthony For a regular investor, MFs offer two […]
