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

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

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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