When you are buying a mutual fund, you are pooling your money along with other investors. This means you are investing in a variety of investments at a moderately low price. The order is underlined below:
- AMCs normally come out with an advertisement in newspapers publishing the date of launch of the new mutual funds. This includes information on their distributors.
- Investors can contact the AMCs or their designated distributors for the application forms and the offering documents of the funds in case of existing mutual funds.
- Application forms can be submitted directly to the AMCs or through their designated distributors. Prospective investors are advised to carefully read all constitutive documents so as to have a clear picture of the fund's investment objectives, policies and risks.