When investing through Mutual Fund Distributors (MFDs), investors need to understand the following terms and conditions:

• Net Asset Value (NAV): The value of mutual fund units is based on the applicable NAV, which fluctuates based on market conditions.
• Commissions and Fees: Distributors may receive commissions (upfront, trail, or otherwise) from Asset Management Companies (AMCs). These should be transparently disclosed to the investor.
• Entry and Exit Loads: Some mutual fund schemes may charge entry (at the time of purchase) or exit loads (at the time of redemption). Investors should be informed about these charges beforehand.
• Execution-Only Platform: MFDs may offer an execution-only platform, meaning they execute transactions without providing investment advice.
• KYC Compliance: Investors must complete the Know Your Customer (KYC) process before investing.
• Right to Information: Investors have the right to receive all relevant information about the mutual fund schemes, including scheme information documents, key information memorandums, and periodic statements.