Mutual Funds can meet the investment objectives of almost all types of investors. Younger investors who can take some risk while aiming for substantial growth of capital in the long term will find growth schemes (i.e. funds which invest in stocks) an ideal option

Older investors who are risk-averse and prefer a steady income in the medium term can invest in income schemes (i.e. funds which invest in debt instruments). Investors in middle age can allocate their savings between income funds and growth funds and achieve both income and capital growth.Investors who want to benefit from regular savings, save a small sum every month, can use the Systematic Investment Plan

Net Asset Value is the market value of the assets of the scheme minus its liabilities. The per unit NAV is the net asset value of the scheme divided by the number of units outstanding on the Valuation Date

Is the price you pay when you invest in a scheme. Also called Offer Price. It may include a sales load.

Is the price at which Open-Ended schemes repurchase their units and Close-Ended schemes redeem their units on maturity. Such prices are NAV related.

Is a charge collected by a scheme when it buys back the units from the unit-holders.Also called as "Repurchase Load"

Scheme Information Document
The document containing the details of the new scheme that the AMC or sponsor prepares for and circulates to the prospective investors, inviting subscription to the units of the Scheme(s) is called the Scheme Information Document.

Statement of Additional Information
The Document containing details of Principal Mutual Fund including its constitution, certain tax, legal and general information and legally forming part of the Scheme Information Document.

Importance for the Investors
The Scheme Information Document & Statement of Additional Information is the most important source of the information from the perspective of the prospective investor.

Contents of Scheme Information Document & Statement of Additional Information
Scheme Information Document inter alia shall include the following information.

• Description of the Scheme and the investment objective/strategy
• Terms of Issue
• Investor's Rights and Services
• Risk Factors and other information relevant to the Scheme.

Statement of Additional Information shall include the following information:

• Constitution of the Mutual Fund
• Details of Directors / Key Personnel/Service Providers
• Historical Statistics
• Accounting / Valuation norms
• Taxation implications

The applications are usually available at all the Mutual Fund branch locations and the Registrar Branch locations in the locations where the Mutual fund operates. On request, the application could be sent by e-mail to the customer or by courier. The customer has to take a print out of the application form fill in the details and submit it at the nearest Investor Service Center

Application forms for Principal Mutual Funds can be downloaded from this site click here.

Cutoff timing is the time before which an investor has to submit / lodge his / her application form for the date of submmission / lodgement to be considered as the transaction date. For applications submitted / lodged after the cut off time the applicable transaction date is the next business day. Depending on the transaction date the NAV is applicable.

The Current Value of Investment is the 'Market Value' of the Investment based on that day's NAV of the Investment in the invested Scheme - Plan of a Mutual Fund.

Once you make an Investment with a selected Mutual Fund the Statement of Account should reach the Investor within 10 business days from the date transaction.

Click here to know how you can track your application online.

Once you make an Investment with a selected Mutual Fund the Statement of Account should reach the Investor within 10 business days from the date transaction. Where as in the case of Redemption Warrants, the Warrants should reach the Investor within 10 business days from the date of transaction and in case of dividend it shall be dispatched to the investors within 30 days from the record date.

If the documents do not reach you, you can approach the nearest Investor Service Center or send an email to the customer care mail ID of the respective fund or call up the toll free number of the concerned Mutual Fund to find out the details regarding the delay in receiving the above mentioned documents.

If you register for our 'online services' you could obtain all such details from this website.

The Investor needs to fill in the redemption application generally available on the foot of your account statement, which needs to be signed by all the account holders in case the mode of holding is "joint". In case the mode of holding is "any one or survivor", the application can be duly signed by any one of the account holders. The duly filled in application form is to be sent to the nearest Investor Service Center. The units shall be redeemed to you at the redemption price applicable for the transaction date on which your application was received at the Investor Service Center. In case your application is received after the cut-off time, the applicable transaction date would be the next business day.

If you register for our online services , you could redeem your units electronically.

Systematic Investment Plan (SIP) is a simple, time-honored strategy designed to help investors accumulate wealth in a disciplined manner over the long-term and plan a better future for them. This disciplined approach to investing will provide you with the following benefits

The rupee cost averaging is mainly not to produce sudden, dramatic profits but to generate sustained growth over the long term, despite short-term fluctuations in the market. Opting for a Systematic Investment Plan for a Mutual Fund Scheme can get the advantage of Rupee Cost Averaging.

When an investor has an account in a designated direct credit bank for a particular Mutual Fund, based on a redemption request, the redemption proceeds can be credited directly to your bank account. Please note procedure for direct credit may vary from fund to fund.

The following documents are to be submitted along with the purchase application depending on the legal status of the applicant as mentioned in the application form.

Every person shall quote his PAN in all investments irrespective of amount involved for purchase of its units, including fresh/additional purchase, switch, Systematic Investment / Transfer and Provide copy of PAN card or such other documents in lieu of PAN for specified instances pursuant to relevant Regulations. Further, it mandatory to submit KYC acknowledgement letter for all investors [except Resident Individual Investors (including Minors), investing through other than Channel Distributors for transaction of less than Rs. 50,000/-

On Repatriation Basis :

In case Indian rupee drafts are purchased abroad or payment is made from debit to NRE / FCNR account, an account debit certificate from the bank issuing the draft confirming the debit.

On Non-Repatriation Basis :

In case Indian rupee drafts are purchased abroad or from FCNR / NRE account an account debit certificate from the bank issuing the draft confirming the debit shall be enclosed along with the application form

For subscriptions amounts remitted out of debit to the FCNR / NRE account the Application form must be accompanied with a Foreign Inward Remittance Certificate (FIRC), issued by the investors bankers