Table of Contents
Can I change my mutual fund broker?
The change request has to be signed by all the holders of the investment folio. Once a request is received from the investor regarding a change of broker, the AMCs take about seven business days to effect the change. The new distributor gets commissions on investments made after the change.
Can I manage my own mutual funds?
In fact, in exchange for a small investment of time, you can invest and manage your own portfolio for only the cost of the underlying fund management fees, saving thousands of dollars over time. The key is keeping costs down because investment fees can eat into your returns.
How much do active mutual fund managers charge?
Most equity mutual-fund managers are charging investors annual management fees anywhere between 0.7\% to 1.5\% and a sales load as high 5.75\%. Hedge funds typically charge 2/20, a 2\% fee plus 20\% of performance.
Should I have someone manage my investments?
You don’t need to pay someone to manage your investments for you. In fact, you may be MUCH better off doing it on your own, and it doesn’t have to be hard or take a lot of time.
What does a fund manager do in mutual funds?
Many exchange-traded funds and index mutual funds are managed passively. The fund manager’s responsibilities include the implementation of the investment strategy of a fund and managing its portfolio of trading activities. They oversee mutual funds, manage analysts, conduct research, and make important investment decisions.
Does a fund manager’s exit affect the performance of a fund?
It is quite difficult to quantify the actual impact on the performance of a fund once a fund manager steps down. There have been cases when a fund manager’s exit has led to a slowdown in the performance of a fund, however, in many cases, a new fund manager was able to substantially improve the performance as well
Can I convert a regular mutual fund to a direct fund?
Transferring a Regular Mutual Fund to Coin doesn’t automatically convert to a Direct Mutual Fund. The fund will remain a regular scheme and you will be able to redeem the scheme whenever you wish to. You will not be able to invest further in a Regular plan via Coin. You can invest in a Direct plan of the same fund.
How do mutual funds make decisions?
The mutual funds are subject to market risks. Therefore they do extensive research, use state-of-the-art risk management techniques to evaluate the investments, and make decisions regarding the buying and selling of wealth for generating returns and growth. If required, they employ investigations into the company in question.