Mutual Fund Knowledge Centre
Five crawlable modules covering mutual fund foundations, NAV & TER valuation, risk diagnostics, FY 2026-27 taxation (Income-tax Act, 2025), and HNI structures (PMS, AIF & SIF).
Foundations, Asset Allocation & Benchmarks
Scheme Mechanics, Valuation & Selection
Quantitative Risk, Ratios & Sequence Risk
Mutual Fund Taxation (FY 2026-27)
HNI Structures (PMS vs. AIF vs. SIF) & Horizon Planning
Scheme Mechanics, Valuation & Selection
Daily NAV mark-to-market calculations, SEBI TER slabs, and Growth vs. IDCW.
Total Expense Ratio (TER) Regulatory Framework
SEBI mandates strict sliding-scale caps on Total Expense Ratios based on scheme Assets Under Management (AUM) tiers so economies of scale benefit investors.
- •First ₹500 Cr AUM: Maximum 2.25% for equity schemes.
- •Next ₹250 Cr: 2.00%; Next ₹1,250 Cr: 1.75%; Next ₹3,000 Cr: 1.60%; Next ₹5,000 Cr: 1.50%.
- •Above ₹50,000 Cr AUM: Base TER reduces by 0.05% for every ₹5,000 Cr increase.
Growth vs. IDCW (Dividend) Option Taxation
Income Distribution cum Capital Withdrawal (IDCW) represents a partial distribution from the scheme’s accumulated surplus, reducing NAV dollar-for-dollar, and is taxed at the investor’s marginal income slab rate.
- •Growth option retains all gains within the scheme, deferring taxation until actual unit redemption.
- •IDCW payouts face TDS (10% above ₹5,000 per Tax Year) and marginal slab taxation up to 39% for high earners.
- •For long-term compounding or regular cash flow, Growth + structured SWP is typically far more tax-efficient than IDCW.
How to Compare Mutual Funds Beyond Star Ratings & 1Y Performance
Searching only for top performing mutual funds or the highest rated fund in any single year creates recency bias. Comparing schemes properly requires isolating category mandate, risk-adjusted consistency, and cost drag.
- •Compare Like-for-Like Categories: Evaluate Best Large Cap, Flexi Cap, Mid Cap, Hybrid, or thematic AI and technology funds strictly against their SEBI peer median and TRI benchmark rather than mixing across risk buckets.
- •Filter 5-Year Rolling Consistency & Alpha: Check how often a scheme outperformed its benchmark across every 3-year and 5-year rolling window rather than chasing one bull-market spike.
- •Downside Risk Before Trailing Return: Verify Maximum Drawdown, recovery time, and Sortino ratio across major AMCs so one volatile correction does not derail your financial goal.
CAMS Statements, AMC Portals & Data-Driven Mutual Fund Screeners
Whether you manage folios directly with Asset Management Companies or consolidate records through RTA portals, keep custody verification and quantitative due diligence separate from sales rankings.
CAMS & KFintech Consolidated Account Statements (CAS)
Every mutual fund purchase across CAMS and KFintech Registrar & Transfer Agents (RTAs) can be audited in one official CAMS statement via myCAMS or MFCentral. You can also execute nominee updates, folio consolidation, and compliant off-market CAMS gifting of mutual funds using your PAN-linked CAS records.
Official AMC Investor & Distributor Folios
Investors hold units directly in folios across India’s 56 SEBI-registered Asset Management Companies (AMCs). Always log in only via official AMC portals, myCAMS/MFCentral, or verified AMFI distributor workflows; The Ark quantitatively compares schemes across all 56 AMCs side-by-side.
Filter schemes across 56 AMCsEvaluating Mutual Funds Beyond Star Ratings
Point-in-time star ratings and 1Y return tables frequently mask downside volatility. Before committing capital, evaluate schemes using a transparent mutual fund screener centered on Sortino downside efficiency, 5-year rolling consistency, maximum drawdown recovery, and monthly stock overlap diagnostics.
Model returns in Mutual Funds CalculatorReady to test these principles against real market data?
Explore 13,461 live AMFI schemes across 56 AMCs or run interactive compounding simulations.