I have invested Rs 8.50 Lakhs in to various MF Houses and Schemes since last 6 years. Its valuation should have been at east Rs. 15 Lakhs. It is now 7.Lakhs.
Hi,
If you have updated your email id you can get the statement any time for free; go to karvymfs website; click on consolidate statement; put your email id; follow instructions and you will get the statement in your email box in few hours, the best part is you will get statement across fund houses.
enhancement of expense ratio must commensurate with quality of service used to be proffered in earlier days . otherwise it will simply the inflate the coffer of the fund houses .
The online investment and Statement across MF house is a service which must be appreciated.
Also MF are one of the most accessible vehicle to take exposure to equities and potentially beat inflation in the longer term ; available for a common man.
Like in any major decision in life; proper homework is essential before investing.
yes you are right i agree 5yrs back we use to get statement but now we have to run after amcs to get our statements. and many times even asking for statement in physical they say we will send it in email only.
Did anybody asked these steps, as SEBI has nothing to do now a days in the time of zero public issues, staff handling new issues is sitting idle, better SEBI deploy them rather than trying to make small changes which no one asked.