Skip to main content

FORMS FOR WITHDRAWAL OF UNITS IN A MUTUAL FUND

There are around 32 Mutual Fund Companies in India.
For withdrawal of amounts (either partial or full withdrawal), the link for downloading the forms is given here -

A)  https://www.karvymfs.com/karvy/Distributor/COMMON%20TRANSACTION%20FORM.pdf
Above form can be used for following AMCS (Mutual Funds) -
  1. Axis Mutual Fund
  2. Baroda Pioneer Mutual Fund
  3. BOI AXA Mutual Fund
  4. Canara Robeco Mutual Fund
  5. DHFL Pramerica Mutual Fund
  6. Edelweiss Mutual Fund
  7. Essel Mutual Fund
  8. IDBI Mutual Fund
  9. India Bulls Mutual Fund
  10. INVESCO Mutual Fund
  11. JM Financial Mutual Fund
  12. LIC Mutual Fund
  13. Mirae Asset Mutual Fund
  14. Motilal Oswal Mutual Fund
  15. Principal Mutual Fund
  16. Quantum Mutual Fund
  17. Reliance Mutual Fund
  18. Taurus Mutual Fund
  19. UTI Mutual Fund
B) https://www.camsonline.com/Downloads/Redemption_Transaction_Slip.pdf

Above Form can be used for following AMCs -
  1. AIG Mutual Fund.
  2. Birla SunLife.
  3. BNP-Paribas Mutual Fund.
  4. DSP Black Rock.
  5. Fidelity(take over by L&T).
  6. HDFC Mutual Fund.
  7. HSBC Mutual Fund.
  8. ICICI-Prudential Mutual Fund.
  9. IDFC Mutual Fund.
  10. IIFL Mutual Fund.
  11. ING Mutual Fund.
  12. JP Morgan.
  13. Kotak Mahindra
  14. L&T.
  15. SBI
  16. Tata Mutua Funds.
  17. Union KBC Mutual Fund.
  18. Pinebridge Investments.
  19. PPFAS Mutual fund.
  20. Mahindra Mutual Fund

Comments

Popular posts from this blog

ARE PROFITS FROM MUTUAL FUND INVESTMENTS TAXABLE IN INDIA?

Profits from Mutual Fund are of two kinds - Short Term Capital Gains - IF the MF units are sold before completion of one year from the date of purchase, then 15% short term capital gains tax is applicable. Long Term Capital Gains Tax - IF the Units of MF are sold after completion of more than one year (from the date of purchase), then profits (if any) on such transaction are exempted from Income Tax to the extent of Rs One lakh per annum. And if the profit exceeds Rs One lakh per annum, then the amount of profit exceeding One lakh will be taxed @ 10% from current assessment year onwards.

WHICH IS BETTER IN TERMS OF RETURNS - MUTUAL FUNDS OR DIRECT EQUITY?

Direct equity definitely has given better returns than mutual funds. It should be remembered that investment in share market also carries greater risk. As we know, greater the risk,bigger is the reward But if one is trained in handling the risk,one may get injured or harmed Therefore,it is advised, before attempting direct equity investment,one should learn or attempt the art of risk taking in equity markets, or managing risk Take a calculated risk and this may give a much much better rewards than mutual funds.