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Atricle Dump - Basics Of Mutual Funds
When buying a car, it is most likely that you will need a car loan. There are various ways for you to get car loans. You can get a car loan from financial companies, banks, and online or offline car loan companies.The tough part of getting a car loan lies in choosing the right loan company. To do this, it is necessary to get quotes from different companies. Of course, you then choose the company offering the lowest interest rate for your loan. It may be convenient to have the car dealer submit your credit information to several car loan companies, but you may not get the best deal this way. The car dealer’s first priority is always to make money, and thus he picks the car loan company offering him the best commission.Another means of choosing the right car loan company would be through word of mouth. Ask friends and relatives who have had car loans, and find out which is the best and most reasonable car loan company. They would have gone through the experience of choosing a car loan, and thus know which car loan company charges the best rate of interest.Car loan companies often have their own loan facilities, but you need not be pressured into buying the car on their financing terms. Be careful of some compani
Yes, the target scheme should have the minimum subscription amount as specified in the Offer Document. What is a lock-in period?
This is a pre-defined period during which the investments cannot be redeemed. This could be due to a legal implication (erstwhile 54 EA & 54 EB or ELSS sections of Income Tax Act ) or due to a restriction levied by the AMC (this could be for a short period of say, 7 / 10 days depending upon the AMC). This short restriction is to ensure that the Units are not redeemed before encashment of the Investment cheque.
About Repurchase (Redemptions) When and how can I redeem my investments?
Investments can be redeemed after the expiry of the lock-in period, if any, either by submitting a physical request to any of the CAMS SERVICE CENTREs / concerned AMC or requesting the same through the on-line services available under Investors section at the CAMS website. What is a Systematic Withdrawal Plan? Do loads prevail?
This plan enables the Unit holders to withdraw fixed sums from their Unit Accounts at periodic intervals. Any Unit holder can avail of this facility subject to the terms and conditions contained in the application form / Offer Document, to include exit loads if applicable. I have not received my redemption proceeds? What should I do?
You may write / email to any of the CAMS SERVICE CENTREs or to the AMC concerned addressing the same for further course of action.
About Dividends How do I get dividends?
Dividends would be paid by cheques, drawn in the name of the sole holder /first-named holder ( as determined by the account and mailed to the last address recorded in the books ). The Bank name and the Account no. as specified in the
Employment Site Job Search ResourcesEmployment web sites have been the greatest advance in the field of recruiting since the creation of the resume. Since their first appearance on the World Wide Web, job boards and career portals have connected more organizations to more talent more efficiently than any other single medium in existence. Both employers and recruiters now consider these sites a critical component of their sourcing and recruiting strategy. Today, job boards and career portals serve virtually every profession, craft and trade, in every industry, in every country of the world.Employment Site Services & FeaturesAccess to employment opportunities and job postings in your hometown and around the world.Private, automated notification by e-mail or RSS/XML of job openings that match your employment objective.Information about effective job search techniques.Resources for a successful job search, such as resume writing assistance, interviewing advice, salary and compensation information.Links to additional job search and career management resources at other sites.Skills for effective career self-management.Resume databases to announce you
Where do I get applications?
What is a Systematic Investment Plan?
How do I apply for a Systematic Investment Plan?
How do I make an additional purchase?
Are there any minimum amount limits for subsequent purchases in the same scheme?
How do I transfer money between various schemes? Do loads prevail?
Is there a limit to transfer money from one scheme to another?
What is a lock-in period?
About Repurchase (Redemptions) When and how can I redeem my investments? What is a Systematic Withdrawal Plan? Do loads prevail? I have not received my redemption proceeds? What should I do?
About Dividends
How do I get dividends?
What is dividend reinvestment? Do loads prevail?
I have not received my dividend? What should I do?
General
How do Minors apply?
How to apply under Power of Attorney (POA)?
What is Nomination and how does it work?
How do I apply for the PIN facility?
Can I get a loan against my fund units? What is the process?
What do NRIs do for Investments and Redemptions?
I have multiple accounts in a fund. Can I consolidate?
How are monies transferred in the event of Unit holders death ?
Mutual Funds in general What is a Mutual Fund?
Mutual Fund is another saving or investment vehicle, akin to, but different from bank deposits, shares etc., It is an entity wherein people / institutions pool small amounts of money into larger amounts for investment and achieve returns with minimum risk, which otherwise is not possible by a common man. Types of Mutual Funds?
Basically closed ended or open ended. Further with loads and no-loads. Again based on investment objective can be further classified into :-
1) Growth funds
2) Income funds
3) Balanced funds
4) Money Market funds
5) Tax Savings funds
6) Specialized funds and
7) Assured Return funds etc…
What is NAV?
Net Asset value is the networth of the Mutual Fund at the close of any Working Day. What is Applicable NAV?
For the purpose of purchase, redemption & switches, the applicable NAV is the Net Asset Value per Unit at the close of the Working day on which a request, complete in all respects is accepted and received before the cut-off time for the particular scheme. Otherwise, the applicable NAV would be the one for the next business day. What is a load and types thereof?
It is a charge paid by the Investor to the Mutual Fund.
There are 3 types,
1) Entry load – this is paid when an investment is made in a scheme
2) Exit load – this is paid when a redemption is carried out from a scheme and
3) CDSC ( Contingent Deferred Sales Charge) - this is an Exit charge payable by the Investor for a No load scheme.
What is the difference between Fund Scheme and Plan?
A Fund Scheme is the fund itself and based upon the investment objectives. It may have several plans pertaining to growth or distribution of dividends. What is forward and historical pricing?
Forward pricing is the price arrived at after the closing hours of a Working day, which the Investor is not aware of. Historical pricing is a price which an Investor knows before transacting, typically transactions allowed on the basis of the previous day’s NAV.
About Account Statement What is an Account Statement?
It is a statement summarising all the transactions and other details like unit balance, value of units etc. of the Investor. It also records all his / her registration attributes and records changes therein as and when they occur. It is a conclusive proof of their investments and shows the financial standing on a given date. How do I get a duplicate account statement?
An account statement can be obtained from the following sources :-
Requesting any of the CAMS SERVICE CENTREs
Writing / email / phone to back office at CAMS, Chennai or its SERVICE CENTREs
Requesting through CAMS Website under Account Information –
Email robot service sends the account statement to the registered email id in no time
Requesting through CAMS Website under Query / Complaints –
Email / physical account statement would be sent to the Investor at their registered address
I have changed my residence. What should I do?
You have to inform the nearest CAMS SERVICE CENTRE / concerned AMC in writing, appropriately signed, so that the change is recorded in the database. Alternatively, you can submit a request at the CAMS website to record the change by logging on to the Account Information with a PIN reference under Investors section. An acknowledgement will be sent reflecting the change. I have a new bank account. What should I do?
You have to inform the nearest CAMS SERVICE CENTRE / concerned AMC in writing, appropriately signed, so that the change is recorded in the database. Alternatively, you can submit a request at the CAMS website to record the change by logging on to the Account Information with a PIN reference under Investors section. An acknowledgement will be sent reflecting the change.
About Investments How do I apply for Investments in a fund?
By making an application to the Mutual Fund. The same can be submitted to the CAMS SERVICE CENTREs / concerned Fund. Where do I get applications?
The applications can be obtained from CAMS SERVICE CENTREs / Fund offices or branches. Alternatively, they can be downloaded from the CAMSONLINE Website, wherein specific Fund (for a few funds) applications are also available apart from generic ones. What is a Systematic Investment Plan?
Just like a recurring deposit in a Bank, this scheme enables an investor to invest periodically over a period of time. Anybody can avail of this facility subject to the terms and conditions contained in the application form / Offer Document. It is a convenient way to " invest as you earn " and affords the investor an opportunity to enter the market regularly, thus averaging the acquisition cost of Units. How do I apply for a Systematic Investment Plan?
An application can be made through a letter or with a regular application. This needs to be submitted to a CAMS SERVICE CENTRE / concerned AMC along with the no. of cheques for the duration of plan. Make sure that the cheques are drawn locally or as per terms of the Offer Document How do I make an additional purchase?
By submitting an application along with a locally payable cheque /DD at a CAMS SERVICE CENTRE / concerned AMC office. Are there any minimum amount limits for subsequent purchases in the same scheme?
Yes, limits of minimum amount are applicable for additional purchases for schemes and will be mentioned in the Offer Document. How do I transfer money between various schemes? Do loads prevail?
Money can be transferred between schemes by making a switch of units from a scheme to another Scheme. A Source scheme is one from where you want to switch out and a Target scheme is one where you want to switch in. A switch can be effected by applying through the transaction slip available in the Account Statement or by a request letter, appropriately signed. Yes, Switches are subject to loads depending upon the Scheme details Is there a limit to transfer of money from one scheme to another?
Yes, the target scheme should have the minimum subscription amount as specified in the Offer Document. What is a lock-in period?
This is a pre-defined period during which the investments cannot be redeemed. This could be due to a legal implication (erstwhile 54 EA & 54 EB or ELSS sections of Income Tax Act ) or due to a restriction levied by the AMC (this could be for a short period of say, 7 / 10 days depending upon the AMC). This short restriction is to ensure that the Units are not redeemed before encashment of the Investment cheque.
About Repurchase (Redemptions) When and how can I redeem my investments?
Investments can be redeemed after the expiry of the lock-in period, if any, either by submitting a physical request to any of the CAMS SERVICE CENTREs / concerned AMC or requesting the same through the on-line services available under Investors section at the CAMS website. What is a Systematic Withdrawal Plan? Do loads prevail?
This plan enables the Unit holders to withdraw fixed sums from their Unit Accounts at periodic intervals. Any Unit holder can avail of this facility subject to the terms and conditions contained in the application form / Offer Document, to include exit loads if applicable. I have not received my redemption proceeds? What should I do?
You may write / email to any of the CAMS SERVICE CENTREs or to the AMC concerned addressing the same for further course of action.
About Dividends How do I get dividends?
Dividends would be paid by cheques, drawn in the name of the sole holder /first-named holder ( as determined by the account and mailed to the last address recorded in the books ). The Bank name and the Account no. as specified in the r
BASICS OF OPENING A NEW MEDICAL PRACTICE: DECIDING ON SPACE AND GETTING FINANCING FOR EQUIPMENT LEASINGHealth professionals must take many factors into consideration when deciding to open a medical office. Since all a medical practice is a business like other service businesses, your most important consideration is location. You should take from 6 – 12 months to decide on the right location and the renovation process. Access to your office, type of patient population you serve, as well as proximity to a hospital are important considerationsDECIDING ON OFFICE SIZE AND RENOVATIONSIn measuring space for a medical office the rule of thumb is approximately 1200 to 1500 square feet for the first physician and 1000-1200 square fee for each additional physician. Certain practices may require additional space for x-ray or imaging equipment.Consider renovation in your medical office the same way a businessman considers investment money for small business needs. You want to get the best value for your money and for that you must consider the type of image you want to project. Whether your expected patient base shops at Bloomingdales or Walmart, you don't want to intimidate or disappo
1) Growth funds
2) Income funds
3) Balanced funds
4) Money Market funds
5) Tax Savings funds
6) Specialized funds and
7) Assured Return funds etc…
What is NAV?
Net Asset value is the networth of the Mutual Fund at the close of any Working Day. What is Applicable NAV?
For the purpose of purchase, redemption & switches, the applicable NAV is the Net Asset Value per Unit at the close of the Working day on which a request, complete in all respects is accepted and received before the cut-off time for the particular scheme. Otherwise, the applicable NAV would be the one for the next business day. What is a load and types thereof?
It is a charge paid by the Investor to the Mutual Fund.
There are 3 types,
1) Entry load – this is paid when an investment is made in a scheme
2) Exit load – this is paid when a redemption is carried out from a scheme and
3) CDSC ( Contingent Deferred Sales Charge) - this is an Exit charge payable by the Investor for a No load scheme.
What is the difference between Fund Scheme and Plan?
A Fund Scheme is the fund itself and based upon the investment objectives. It may have several plans pertaining to growth or distribution of dividends. What is forward and historical pricing?
Forward pricing is the price arrived at after the closing hours of a Working day, which the Investor is not aware of. Historical pricing is a price which an Investor knows before transacting, typically transactions allowed on the basis of the previous day’s NAV.
About Account Statement What is an Account Statement?
It is a statement summarising all the transactions and other details like unit balance, value of units etc. of the Investor. It also records all his / her registration attributes and records changes therein as and when they occur. It is a conclusive proof of their investments and shows the financial standing on a given date. How do I get a duplicate account statement?
An account statement can be obtained from the following sources :-
Requesting any of the CAMS SERVICE CENTREs
Writing / email / phone to back office at CAMS, Chennai or its SERVICE CENTREs
Requesting through CAMS Website under Account Information –
Email robot service sends the account statement to the registered email id in no time
Requesting through CAMS Website under Query / Complaints –
Email / physical account statement would be sent to the Investor at their registered address
I have changed my residence. What should I do?
You have to inform the nearest CAMS SERVICE CENTRE / concerned AMC in writing, appropriately signed, so that the change is recorded in the database. Alternatively, you can submit a request at the CAMS website to record the change by logging on to the Account Information with a PIN reference under Investors section. An acknowledgement will be sent reflecting the change. I have a new bank account. What should I do?
You have to inform the nearest CAMS SERVICE CENTRE / concerned AMC in writing, appropriately signed, so that the change is recorded in the database. Alternatively, you can submit a request at the CAMS website to record the change by logging on to the Account Information with a PIN reference under Investors section. An acknowledgement will be sent reflecting the change.
About Investments How do I apply for Investments in a fund?
By making an application to the Mutual Fund. The same can be submitted to the CAMS SERVICE CENTREs / concerned Fund. Where do I get applications?
The applications can be obtained from CAMS SERVICE CENTREs / Fund offices or branches. Alternatively, they can be downloaded from the CAMSONLINE Website, wherein specific Fund (for a few funds) applications are also available apart from generic ones. What is a Systematic Investment Plan?
Just like a recurring deposit in a Bank, this scheme enables an investor to invest periodically over a period of time. Anybody can avail of this facility subject to the terms and conditions contained in the application form / Offer Document. It is a convenient way to " invest as you earn " and affords the investor an opportunity to enter the market regularly, thus averaging the acquisition cost of Units. How do I apply for a Systematic Investment Plan?
An application can be made through a letter or with a regular application. This needs to be submitted to a CAMS SERVICE CENTRE / concerned AMC along with the no. of cheques for the duration of plan. Make sure that the cheques are drawn locally or as per terms of the Offer Document How do I make an additional purchase?
By submitting an application along with a locally payable cheque /DD at a CAMS SERVICE CENTRE / concerned AMC office. Are there any minimum amount limits for subsequent purchases in the same scheme?
Yes, limits of minimum amount are applicable for additional purchases for schemes and will be mentioned in the Offer Document. How do I transfer money between various schemes? Do loads prevail?
Money can be transferred between schemes by making a switch of units from a scheme to another Scheme. A Source scheme is one from where you want to switch out and a Target scheme is one where you want to switch in. A switch can be effected by applying through the transaction slip available in the Account Statement or by a request letter, appropriately signed. Yes, Switches are subject to loads depending upon the Scheme details Is there a limit to transfer of money from one scheme to another?
Yes, the target scheme should have the minimum subscription amount as specified in the Offer Document. What is a lock-in period?
This is a pre-defined period during which the investments cannot be redeemed. This could be due to a legal implication (erstwhile 54 EA & 54 EB or ELSS sections of Income Tax Act ) or due to a restriction levied by the AMC (this could be for a short period of say, 7 / 10 days depending upon the AMC). This short restriction is to ensure that the Units are not redeemed before encashment of the Investment cheque.
About Repurchase (Redemptions) When and how can I redeem my investments?
Investments can be redeemed after the expiry of the lock-in period, if any, either by submitting a physical request to any of the CAMS SERVICE CENTREs / concerned AMC or requesting the same through the on-line services available under Investors section at the CAMS website. What is a Systematic Withdrawal Plan? Do loads prevail?
This plan enables the Unit holders to withdraw fixed sums from their Unit Accounts at periodic intervals. Any Unit holder can avail of this facility subject to the terms and conditions contained in the application form / Offer Document, to include exit loads if applicable. I have not received my redemption proceeds? What should I do?
You may write / email to any of the CAMS SERVICE CENTREs or to the AMC concerned addressing the same for further course of action.
About Dividends How do I get dividends?
Dividends would be paid by cheques, drawn in the name of the sole holder /first-named holder ( as determined by the account and mailed to the last address recorded in the books ). The Bank name and the Account no. as specified in the
We've all heard the term KISS at one time or another - "Keep It Simple, Stupid." However, the majority of salespeople violate this basic principle more often than not.Let me start with some examples of what I'm talking about. At one position I held, I sat next to someone who could have been a top salesperson. He and I both operated much the same in that rather than cold call, we ran our own personal marketing programs to generate leads and simply took the calls that came in as a result. The problem is what he did with the calls. When someone called me, ready to buy, I immediately went into closing the deal and making arrangements to either come out with the paperwork or to fax it over. He, on the other hand, went into a full-length company story and a lot of other information that he absolutely should not tell a qualified prospect unless they ask for it. The end result is that people who called ready to sign up for one of our services lost interest and didn't buy anything at all.Another example is what happens every time I try to make a business purchase. Here I am, saying "Yes, I'm going to buy," and the sales rep lauches into a company story about how long they've been in busines
An account statement can be obtained from the following sources :-
Requesting any of the CAMS SERVICE CENTREs
Writing / email / phone to back office at CAMS, Chennai or its SERVICE CENTREs
Requesting through CAMS Website under Account Information –
Email robot service sends the account statement to the registered email id in no time
Requesting through CAMS Website under Query / Complaints –
Email / physical account statement would be sent to the Investor at their registered address
I have changed my residence. What should I do?
You have to inform the nearest CAMS SERVICE CENTRE / concerned AMC in writing, appropriately signed, so that the change is recorded in the database. Alternatively, you can submit a request at the CAMS website to record the change by logging on to the Account Information with a PIN reference under Investors section. An acknowledgement will be sent reflecting the change. I have a new bank account. What should I do?
You have to inform the nearest CAMS SERVICE CENTRE / concerned AMC in writing, appropriately signed, so that the change is recorded in the database. Alternatively, you can submit a request at the CAMS website to record the change by logging on to the Account Information with a PIN reference under Investors section. An acknowledgement will be sent reflecting the change.
About Investments How do I apply for Investments in a fund?
By making an application to the Mutual Fund. The same can be submitted to the CAMS SERVICE CENTREs / concerned Fund. Where do I get applications?
The applications can be obtained from CAMS SERVICE CENTREs / Fund offices or branches. Alternatively, they can be downloaded from the CAMSONLINE Website, wherein specific Fund (for a few funds) applications are also available apart from generic ones. What is a Systematic Investment Plan?
Just like a recurring deposit in a Bank, this scheme enables an investor to invest periodically over a period of time. Anybody can avail of this facility subject to the terms and conditions contained in the application form / Offer Document. It is a convenient way to " invest as you earn " and affords the investor an opportunity to enter the market regularly, thus averaging the acquisition cost of Units. How do I apply for a Systematic Investment Plan?
An application can be made through a letter or with a regular application. This needs to be submitted to a CAMS SERVICE CENTRE / concerned AMC along with the no. of cheques for the duration of plan. Make sure that the cheques are drawn locally or as per terms of the Offer Document How do I make an additional purchase?
By submitting an application along with a locally payable cheque /DD at a CAMS SERVICE CENTRE / concerned AMC office. Are there any minimum amount limits for subsequent purchases in the same scheme?
Yes, limits of minimum amount are applicable for additional purchases for schemes and will be mentioned in the Offer Document. How do I transfer money between various schemes? Do loads prevail?
Money can be transferred between schemes by making a switch of units from a scheme to another Scheme. A Source scheme is one from where you want to switch out and a Target scheme is one where you want to switch in. A switch can be effected by applying through the transaction slip available in the Account Statement or by a request letter, appropriately signed. Yes, Switches are subject to loads depending upon the Scheme details Is there a limit to transfer of money from one scheme to another?
Yes, the target scheme should have the minimum subscription amount as specified in the Offer Document. What is a lock-in period?
This is a pre-defined period during which the investments cannot be redeemed. This could be due to a legal implication (erstwhile 54 EA & 54 EB or ELSS sections of Income Tax Act ) or due to a restriction levied by the AMC (this could be for a short period of say, 7 / 10 days depending upon the AMC). This short restriction is to ensure that the Units are not redeemed before encashment of the Investment cheque.
About Repurchase (Redemptions) When and how can I redeem my investments?
Investments can be redeemed after the expiry of the lock-in period, if any, either by submitting a physical request to any of the CAMS SERVICE CENTREs / concerned AMC or requesting the same through the on-line services available under Investors section at the CAMS website. What is a Systematic Withdrawal Plan? Do loads prevail?
This plan enables the Unit holders to withdraw fixed sums from their Unit Accounts at periodic intervals. Any Unit holder can avail of this facility subject to the terms and conditions contained in the application form / Offer Document, to include exit loads if applicable. I have not received my redemption proceeds? What should I do?
You may write / email to any of the CAMS SERVICE CENTREs or to the AMC concerned addressing the same for further course of action.
About Dividends How do I get dividends?
Dividends would be paid by cheques, drawn in the name of the sole holder /first-named holder ( as determined by the account and mailed to the last address recorded in the books ). The Bank name and the Account no. as specified in the
There is an area in Brazil that has lower crime & lower property prices than where your are probably sitting right now!Demand from the increasing retirement population and from those who have benefited from their own property markets are now pushing overseas property prices up. Brazilian property prices are still very low and offer the overseas property buyer quality real estate in stunning locations. Fortaleza the capital of Brazil's Northeastern state of Ceara is one such place. Popular with Brazilian and South American holiday tourists it is now being recognised by foreign property investors as an area that is taking the overseas property market by storm.Brazil Property -FortalezaThe PlaceWhat to do in a place like this- You can swim, surf, dive, sail, golf, play ball, ride, explore, bargain hunt, sight see, explore, or drive a dune buggy for 100 miles in any direction, take a jeep up a steep mountain trail. You can explore environmental preserves, or just swing in a hammock and do nothing at all.Beaches, beaches, beaches, Hundreds of miles of untouched pristine beaches. Ocean surface temperatures are 82 F all year round with 65 feet of visibility underwater.Tourism: a 270% increase in
Just like a recurring deposit in a Bank, this scheme enables an investor to invest periodically over a period of time. Anybody can avail of this facility subject to the terms and conditions contained in the application form / Offer Document. It is a convenient way to " invest as you earn " and affords the investor an opportunity to enter the market regularly, thus averaging the acquisition cost of Units. How do I apply for a Systematic Investment Plan?
An application can be made through a letter or with a regular application. This needs to be submitted to a CAMS SERVICE CENTRE / concerned AMC along with the no. of cheques for the duration of plan. Make sure that the cheques are drawn locally or as per terms of the Offer Document How do I make an additional purchase?
By submitting an application along with a locally payable cheque /DD at a CAMS SERVICE CENTRE / concerned AMC office. Are there any minimum amount limits for subsequent purchases in the same scheme?
Yes, limits of minimum amount are applicable for additional purchases for schemes and will be mentioned in the Offer Document. How do I transfer money between various schemes? Do loads prevail?
Money can be transferred between schemes by making a switch of units from a scheme to another Scheme. A Source scheme is one from where you want to switch out and a Target scheme is one where you want to switch in. A switch can be effected by applying through the transaction slip available in the Account Statement or by a request letter, appropriately signed. Yes, Switches are subject to loads depending upon the Scheme details Is there a limit to transfer of money from one scheme to another?
Yes, the target scheme should have the minimum subscription amount as specified in the Offer Document. What is a lock-in period?
This is a pre-defined period during which the investments cannot be redeemed. This could be due to a legal implication (erstwhile 54 EA & 54 EB or ELSS sections of Income Tax Act ) or due to a restriction levied by the AMC (this could be for a short period of say, 7 / 10 days depending upon the AMC). This short restriction is to ensure that the Units are not redeemed before encashment of the Investment cheque.
About Repurchase (Redemptions) When and how can I redeem my investments?
Investments can be redeemed after the expiry of the lock-in period, if any, either by submitting a physical request to any of the CAMS SERVICE CENTREs / concerned AMC or requesting the same through the on-line services available under Investors section at the CAMS website. What is a Systematic Withdrawal Plan? Do loads prevail?
This plan enables the Unit holders to withdraw fixed sums from their Unit Accounts at periodic intervals. Any Unit holder can avail of this facility subject to the terms and conditions contained in the application form / Offer Document, to include exit loads if applicable. I have not received my redemption proceeds? What should I do?
You may write / email to any of the CAMS SERVICE CENTREs or to the AMC concerned addressing the same for further course of action.
About Dividends How do I get dividends?
Dividends would be paid by cheques, drawn in the name of the sole holder /first-named holder ( as determined by the account and mailed to the last address recorded in the books ). The Bank name and the Account no. as specified in the
When preparing for an interview, you need to know your skills, experiences and achievements, and how to answer interview questions.Your Skills Become an expert about yourself. Before you wrote your resume, you probably prepared a list of skills, experiences and achievements. If not, then it’s a good idea to take some time and prepare one.This information will help you answer questions that are most commonly asked during the interview. There are all types of interview questions, but no book or web site can give you the answers. Only you can come up with answers to these questions, because you’re the only one who knows what your skills, experiences and achievements are.The interviewer is asking these questions in order to find out how much of an asset you will be to the company if hired. Come up with real life examples that highlight how your skills and achievements helped you in your previous or current job. Think of situations where you:Solved a problem for your supervisor or manager Developed an action plan in order to meet a deadline Led team projects successfully Received some sort of recognition or award at your previous job etc…<
Yes, the target scheme should have the minimum subscription amount as specified in the Offer Document. What is a lock-in period?
This is a pre-defined period during which the investments cannot be redeemed. This could be due to a legal implication (erstwhile 54 EA & 54 EB or ELSS sections of Income Tax Act ) or due to a restriction levied by the AMC (this could be for a short period of say, 7 / 10 days depending upon the AMC). This short restriction is to ensure that the Units are not redeemed before encashment of the Investment cheque.
About Repurchase (Redemptions) When and how can I redeem my investments?
Investments can be redeemed after the expiry of the lock-in period, if any, either by submitting a physical request to any of the CAMS SERVICE CENTREs / concerned AMC or requesting the same through the on-line services available under Investors section at the CAMS website. What is a Systematic Withdrawal Plan? Do loads prevail?
This plan enables the Unit holders to withdraw fixed sums from their Unit Accounts at periodic intervals. Any Unit holder can avail of this facility subject to the terms and conditions contained in the application form / Offer Document, to include exit loads if applicable. I have not received my redemption proceeds? What should I do?
You may write / email to any of the CAMS SERVICE CENTREs or to the AMC concerned addressing the same for further course of action.
About Dividends How do I get dividends?
Dividends would be paid by cheques, drawn in the name of the sole holder /first-named holder ( as determined by the account and mailed to the last address recorded in the books ). The Bank name and the Account no. as specified in the records, will also be mentioned in the cheque. The cheque will be payable at par in all the cities designated by the Fund. In case of other cities, you will be paid by a Demand Draft after deducting the demand draft charges (if any and depending upon the concerned AMC). What is dividend reinvestment? Do loads prevail?
Creation of Units in lieu of the amounts due as dividends, is termed as dividend reinvestment. There is no outflow of money here. Normally, loads are not applicable. However, the terms are clearly specified in the Offer Document. I have not received my dividend? What should I do?
You may write / email to any of the CAMS SERVICE CENTREs or to the AMC concerned addressing the same for further course of action.
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