1. What is the common default option for operating the account when husband and wife make a joint investment?

2. The default option for frequency of SIP payments is

3. The default option for investors in a mutual fund scheme is

4. If an investor does not choose from the different options in an application form

What happens if a mutual fund application is incomplete?

default options for a mutual fund

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  • Level - 6,3,8,6 BASIC

If all the options in a mutual fund application form are not filled up, the default option will be chosen. This investor education video by Moneykraft shows some outcomes of common default options.

AUTHOR(s):Shreeja Thirani

Tags

basics of mutual funds, mutual fund operations

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