Choice India

Account Opening 4

• When will my account get activated for transactions?
• Why my Bank account details are being asked while opening an account?
• What is KYC and how it affects my investment account?
• How to add a Nominee in Mutual Funds for CAMS & KARVY

Transactions 8

• Why MF units have been allocated to me without a payment against the order?
• What is an offline order?
• When will I get MF units allocated for the paid orders?
• How can I redeem my investments
• My bank account has been debited but allocation is not done yet.

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SIP Activation 11

• When will my SIP start deducting money from my bank account?
• What is a Bank Mandate?
• How can I stop or cancel my SIP?
• Why my SIP installment is not getting deducted?
• Why my SIP installment is not getting deducted?

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Fund Research 17

• What is an Absolute return?
• What is CAGR?
• Why return representation is different than other websites & Platforms?
• Why all the fund performances are compared with Sensex & Bank FD?
• What are the SIP and Lump sum Baskets?

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Rating Methodology 4

• What is rating methodology for equity funds?
• What is rating methodology for debt funds?
• How often the ratings are renewed on?
• How should I use the ratings while selecting a fund?

Others 21

• What is your commission structure?
• Can I view my existing investments done via some other platform or distributor ?
• How to view investments done by my family members in my account?
• Are my Investments safe with?
• Does it review investor portfolios?

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Bank Modification 10

• How can I update my bank account on MF Central?
• What documents are required to update my bank account?
• How long does it take to update my bank account details?
• Can I update my bank account offline?
• Do I need to register on MF Central to update my bank details?

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KRA Validation 7

• What is KRA validation?
• Why is KRA validation necessary?
• How can I check my KRA status?
• How do I validate my KRA details?
• How long does it take to update the KRA status from Verified to Validated?

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