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28. '' The first and foremost things than an invetors needs to do is to read the prospectus /offer document completely and carefully before deciding to make their investment in the Mutual Funds.'' In this context, explain the information provided in an Offer Document.
Ans: Offer Documents provides information to the investors about the operation of the scheme as given below:
a. Minimum subscription amount
b. Maximum target amount
c. In case of listing , the Offer Documents provides the names of stock exchanges where application for listing of units has been made.
d. Information as to when the Fund is open for offer, as also the closure of the Fund ; and in case of open-ended Funds ,as to when the units will be offered for purchase
e. Information about the minimum purchase and redemption amount
f. Facilities offered to the investors like nomination facility , transfer of units and switching of the scheme.