ICICIdirect facilitates instant withdrawal facility for their users. With this, investors can get up to 70% of the total redemption value credited to their account within 30 minutes.
Harish Krishnan of Kotak Mahindra MF, Neelotpal Sahai of HSBC MF, Alok Agarwal of PGIM India MF and Sorbh Gupta of Quantum MF share with us their views on the equity market.
They cannot buy or redeem units of MF schemes that are about to wind up, see a change in investment objective or witness any other crucial development.
While the first benchmark is likely to be uniform across scheme category, the second benchmark can be independent and largely used for comparing scheme performance with respect to benchmark of the style it follows.