Investment Service Account
Investment Service Account is YES BANK's state-of-the-art Mutual Fund investment platform where customers can buy and sell mutual funds online, initiate systematic investments, perform intra-scheme switches along with view their update mutual fund portfolios across multiple investment combinations, all at just the click of a mouse!
View our online Transacting Facility for Resident & NRI Individuals
Our online Transacting Facility for Resident & NRI Individualsin Mutual Fund Schemes includes:
Purchase Mutual Fund Units
Execute Redemption Requests
Enter Switch Transactions (switch between funds of same AMC)
Initiate Systematic Investment Plan (SIP) Investments
Investing in Mutual Funds offer convenience like no other
Investing in a Mutual Fund is as simple as going online and placing an order to buy. Plus, you also get the listed benefits:
View Updated Portfolios across all investment combinations
Realized Gain & Unrealized Gain
Detailed Transaction as well as asset class report
NAV of Mutual Fund Schemes
Q. What is Net Asset Value and how is it calculated?
A. Net Asset Value (NAV) shows you how a particular scheme of a Mutual Fund is performing. Mutual funds invest the money collected from the investors in the securities markets. In simple words, Net Asset Value is the market value of all the securities held by the scheme. As an investor, you will be issued units by the Mutual Fund. You will then become a unit-holder. This is akin to a shareholding buying stocks. NAV is measured on a per-unit basis. Since market value of securities changes every day, NAV of a scheme also varies on day-to-day basis. NAV is calculated by dividing the total net assets by the total number of units issued. Total net assets is the market value of all the assets a mutual fund holds, less any liabilities, as of a certain date. For example, if the market value of securities of a mutual fund scheme is Rs 200 crore and it has issued 10 crore units to investors, then the fund’s NAV per unit is Rs 20. NAV is required to be disclosed by mutual funds on a regular basis – either daily or weekly depending on the type of scheme.
Q. How do Mutual Funds handle my money? How do I get profits Mutual Funds earn for me?
A. Mutual Funds pool money from investors and use this money to buy assets like stocks, bonds and other securities (together called Assets Under Management or AUM). The returns are given as dividends (accessible as soon as they are distributed) and as increase in value (you can utilize this only when you sell the Mutual Fund unit). The dividends can be re-invested and you buy more MF units in the scheme, or you can choose the payout option when the dividend gets credited to your bank account. To make things easier, there is an automatic re-investment option where you sign up for purchase of additional shares using dividends automatically. Apart from dividends, Mutual Funds distribute the profits they make from selling some of the underlying assets at higher values. This is called capital gains distribution. You can use this to reinvest in more MF units.
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