The Mutual Fund Industry is now well set in Indian market. All over world, majoring investors prefer investment in securities thru Mutual Fund. Now, same is true for Indian market. The reasons are as under:

1. SEBI Regulations for Mutual Funds:

SEBI issued full set of rules in 1996 and it is amended from time to time. The norms relating to investment in Sponsor Company, Unlisted companies, unrated debt securities, Provisions for NPA etc. are very stringent. The discloser norms have brought transferceny in Documentation & Investments. All information is always available on websites.

Each Mutual Fund (sponsor-trust-AMC) has many schemes. The scheme indicates/defines objective of scheme. The objectives are defined considering, Safety, Liquity profitability (growth) & Tax Liabilities. Then these parameters are combined in specific scheme like Balance fund is combination of equity & Debt. Thus, investor’s have many choice. It may require time to analysis & understand working of each specific scheme to meet with your investment objectives.

2. The Liquidity-Entry-Exit-Load:

The Mutual Fund investment is highly liquid. You can Buy-Sell on any working day. The “Price” of transaction is as per Net Assets value-NAV. When you purchase, there may be NAV + Entry Load or when you sell there may be NAV-Exist-Load. Some schemes may not have any Entry-Exist-Load. But transaction can be completed our any working day.

3. Taxation-Repatriation:

All the schemes offer full repatriation of capital investment and dividend. The sale proceed and dividend can be credited to NRE account. No prior permission is required from RBI. The dividend income (on any scheme) is Tax Free. However, short term capital gain is taxable @15 % w.e.f 1/4/2008 but Loan Term capital gain is tax free.

4. Selection of Scheme:

We shall advise you time to time different scheme to meet with your objectives. Also, switch over from one scheme to another scheme is very east.

If required, we can complete all procedure under your Power of Attorney.