What are Mutual funds serviced by Karvy? Complete list
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- Updated On:28-Jan-2021
- Replies:4
Short Answer
Karvy has gradually grown as one of the largest Mutual Fund RTA companies after being established in 1982. One of the main strengths of a Mutual Fund RTA is the facility to offer a wide range of Mutual Funds to the investors in one place.
Detailed Answer
Karvy has been a reliable option for all types of investors looking for a perfect set of mutual funds. Here is the list of Mutual funds serviced by Karvy. The list contains most of the mutual funds serviced by Karvy. Any updates or new funds you know, do revert below.
Karvy provides the largest Register and Transfer Agent in India in the form of Karvy Computershare with its alliance partner Computershare from Australia.
The next section provides you with the complete list of Mutual funds serviced by Karvy to help you choose the right mutual fund according to your requirements and preferences. There is no surprise that Karvy serves more than 50% of the Asset Management Companies (AMCs) in India with assets growing past an impressive figure.
Mutual funds serviced by Karvy - Complete list
- Axis Mutual Fund
- Mirae Asset Mutual Fund
- IDBI Mutual Fund
- BOI AXA Mutual Fund
- Franklin Templeton Mutual Fund
- Sahara Mutual Fund
- Taurus Mutual Fund
- LIC Mutual Fund
- Peerless Mutual Fund
- Baroda Pioneer Mutual Fund
- JM Financial Mutual Fund
- Goldman Sachs Mutual Fund
- Canara Robeco Mutual Fund
- DHFL Pramerica Mutual Fund
- INVESCO Mutual Fund
- Motilal Oswal Mutual Fund
- Essel Mutual Fund
- Edelweiss Mutual Fund
- Quantum Mutual Fund
- Principal Mutual Fund
- UTI Mutual Fund
- India Bulls Mutual Fund
- Reliance Mutual Fund
Investment in Mutual Funds are regulated by SEBI.
Mutual Funds: Need & Importance
There is no shortage of investment options in India, but mutual funds have evolved as the most attractive option for all types of investors.
Moreover, the strength of the mutual funds lies in their ability to provide a balanced investment option. You can look for a significant return on investment with a proper risk management.
Mutual Funds are managed by professionals that ensure that your money is invested in the right funds. Investment in Mutual Funds is bound by stringent regulations by SEBI to ensure complete transparency and protection to the investors.
The Security and Exchange Board of India (SEBI) is the government body that was set up to protect the rights and the interests of the investors.
Mutual Funds comes with a variety of benefits. They provide a diverse portfolio to the investors by breaking down the investment in small sections and investing in multiple funds.
The choice of the funds depends on the risk bearing abilities and expected returns of the investor.
What do you think? Did I miss any mutual fund name that is serviced by Karvy? Do share your thoughts.
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Discussion (3)
Karvy can be known as a middleman between the Mutual Fund managers and the ultimate investors. Mutual Funds cannot directly sell their product to any individual man, hence they need a Registrar who would allocate the Mutual Funds to the respective investors. Here Karvy plays an important role in servicing the Mutual Fund houses to sell their products.
Karvy is a stockbroker highly associated with mutual funds offering a wide range of investment options such as debt mutual funds, hybrid mutual funds, equity mutual funds, and much more. Even figuring out the different types of mutual fund performance in the past six months, one year or three years can be easily availed.
Fincash is a yet another online investing platform that was started in 2016 or you can call it a fintech startup. Having raised funding, it has grown fast to give tough competition to other market players.
Investors looking to invest in mutual funds without a Demat account can invest through financial institutions, independent financial advisors, AMC, and online portals.
NRIs living in the United States can invest in Indian Mutual Funds, but there are some hassles that have to be overcome. You will require an NRE, NRO, or FCRN account in order to convert the foreign currency into Indian rupees, post which you can complete the KYC and begin investing in Indian Mutual Funds.
A Mutual Fund is an expertly overseen speculation subsidize that pools cash from a few speculators to purchase protections. These financial specialists could likewise be retail or institutional in nature.
Exchange traded fund is a freely marketable security which tracks a particular index, commodity, bonds or combination of assets. they aren't popular as there is no additional tax incentives, not enough liquidity, under performs most of the time, lack of choices, lack of institutional interest, costs are low but not enough and lack of awareness.
For a salaried class, there are many places where investments done. Know the best investment options for salaried person in India. The best investment options for a salaried person are Gold investments, PPF account, national pension scheme, ELSS, and fixed deposits.
Navigating the huge selection of investing possibilities can be a difficult chore for middle-class people.There are a lot of options, ranging from mutual funds and fixed deposits to the National Pension System. This will give middle-class Indians a thorough insight to the finest investing strategies.
Fixed Deposit (FD) are saving tools offered by banks to deposit lump sum amount for a fixed period of time on a higher interest rate than saving accounts. Mutual funds are investment products which pool money from numerous small investors to create a fund.
Mutual funds are regulated by SEBI ( Securities and Exchange Board of India). SEBI regulates mutual funds as 1996 Mutual fund regulation. SEBI is also the regulator for wider capital and securities market in India. SEBI was formed in 1988 as a statutory body and drives it powers from SEBI act 1992.
There are plenty of direct mutual funds investment platforms such as Groww, Coin by Zerodha, Kuvera, and others. However, choosing the best would entirely depend upon your requirement and preference.
Rishika Agarwal
Karvy is a brokerage firm and deals with Mutual funds which is one of the best ways to invest your money. It is quite safe in its proceedings as the scams in Karvy are not directly related to the funds of an individual. They have a large based user platform and the base is mainly comprised of over 500 blue-chip companies.