narrowgateevangelist
New member
So I am planning to invest some money through MF. I know basic about what is MF, Unit & NAV, etc. But I have some questions as below. Thanks in advance for your time and answering it.
- What are types of funds and risks associated with those funds based on its type. IIRC debt funds is low risk investment.
- High or Low value of NAV should be selecting criteria to invest? For e.g. Fund A & B was launched 5 years back with initial NAV of 10 for both. Current NAV of fund A is 50 and fund B is 25 so if I invest in B then I will get double unit but should it be selecting criteria?
- Somewhere I read we get dividend on no of Unit whereas friend suggested it is good to not select dividend option. So everything about dividend with respect to MF for e.g. whether we receive dividend in MF? If we have options to choose dividend option then should we choose it or not and does it affect long term return?
- How to invest directly in MF to minimize commission of distributor/agent?
- Is investing through https://www.axismf.com/ is direct investment?
- If I wanted to invest directly in different funds for e.g. Axis and ICICI and do I have to manage separate account with both Axis & ICICI or any singe account without adding any additional fee/commission?
- I know about Exit load that it is the fee levied on exiting early then defined duration. Any other specific information about exit load? ELSS are without exit load as it is 3 year lock in?
- Any other information for beginner and/or links for beginner to research specific fund information, its past performance etc.
- Anything specific about ELSS? Can we redeem before 3 years from ELSS in case of emergency?
- In my understanding capital gain tax calculation is same as investing in equity. Please correct if I am wrong here.