Archive for March 24th, 2008

Mutual Fund ::: PAN ::: DP Account ::: India ::: ????

Monday, March 24th, 2008
mutual fund
anilwyd asked:

friends,

1.) Is it necessary to have PAN card for investing in Mutual Funds in India?

2.) Is it necessary to have Depository Participant Account (DP A/c , ie with Sharekhan, Karvy, ICICI direct etc) to invest in Mutual funds?

3.) How can i sell the Mutual fund i purchased?

4.) How will i get returns? Is there dividend?

5.) What is the minimum amount to be invested? What is the average rate of return?

I WILL BE GLAD IF U ANSWER MY Q. I AM SEARCHING FOR IT FOR A LONG TIME…..thanks in advance…


Question posted courtesy of: Lucille

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