FAQs
Common questions, answered simply.
These responses are intended for investor education and servicing awareness. Investors should read all scheme related documents before investing.
What does an AMFI-registered Mutual Fund Distributor do?
An AMFI-registered Mutual Fund Distributor helps investors access mutual fund products, understand transaction processes, complete operational requirements, and receive investor servicing support.
What is a SIP?
A Systematic Investment Plan, or SIP, allows an investor to invest a fixed amount in a mutual fund scheme at regular intervals. It supports disciplined participation, but returns remain market-linked.
What is a SWP?
A Systematic Withdrawal Plan, or SWP, allows periodic withdrawals from a mutual fund investment. The remaining corpus continues to be exposed to market movement and may rise or fall.
What is a lumpsum investment?
A lumpsum investment is a one-time investment in a mutual fund scheme. Its value changes based on the underlying scheme performance and market conditions.
What documents are usually required for mutual fund transactions?
Investors generally need valid KYC, PAN, bank account details, nominee information, and relevant transaction forms or digital authorisations depending on the transaction type.
How can I check my KYC status?
KYC status can be checked through recognised KRA platforms such as CVL KRA. A KYC utility link is available on the Investor Tools page.
What is a CAS report?
A Consolidated Account Statement, or CAS, provides a consolidated view of mutual fund holdings across folios linked to investor details. CAMS offers a CAS request facility.
Are mutual fund returns fixed?
No. Mutual fund investments are subject to market risks. Returns can vary based on market conditions, scheme category, portfolio holdings, and investment period.
Why are periodic reviews useful?
Periodic reviews help investors maintain visibility of their holdings, transactions, nominee details, allocation changes, and evolving liquidity requirements.
How does Purohit Associates LLP support investor families?
The firm supports organised investment records, transaction assistance, consolidated reporting support, and continuity of service across family members and generations.