How does a fund house work?

What is a Fund House? Alternatively known as Asset Management Companies (AMC), fund houses are organizations that invest pooled in money from investors into financial instruments like equities, mutual funds, securities, etc. In simple words, these companies manage the money pooled from a number of investors.

How do mutual fund schemes work?

A mutual fund allows investors to pools money with a common investment objective. It then invests the money in various asset classes based on the scheme’s objectives. As an investor, you put your money in financial assets like stock, bonds and other securities.

What is the role of RTA?

The primary role of RTAs is to keep track of an investors’ transactions in mutual funds. These include different types of investor transactions such as buying, redeeming, and switching in or out of an investment. They also help individuals to change bank mandates and update their personal information.

What is the role of registrar and transfer agent?

An agent appointed by a company to maintain records of security owners. A transfer agent’s principal functions are to issue and cancel certificates to reflect changes in ownership of the securities of an entity and to act as an intermediary for the company.

What is Cam India?

Computer Age Management Services Limited (CAMS) is a mutual fund transfer agency to Indian asset management companies. The company was incorporated in 1988 and is headquartered in Chennai.

What is the role of AMC and RTA?

Role SEBI & AMFI in AMC Operations Every mutual fund house must comply with the set of risk management guidelines by SEBI and AMFI. While SEBI is a government body, mutual fund companies have formed the AMFI. Together, they keep the functioning of the industry ethics-driven and transparent.

WHO calculates NAV daily basis?

Every mutual fund house publishes the Net Asset Value (NAV) of each scheme daily. The NAV is available on the respective fund house website as well as on the AMFI website. One can check the net asset value (NAV) of a fund through Scripbox.