It often happens that mutual fund investors do not have enough time to do research work. But going through the offer document is a must.
In-depth knowledge about the subject sets apart a good investor from a bad one. It is quite difficult to understand the complex nuances of investments. But every investor should be well aware of the basic information. Generally, mutual fund investors tend to get away without gathering much knowledge about their funds. They believe that the fund manager will take care of the rest of the details. But, investors should at least go through the offer document carefully.
You will be given a copy of the offer document by mutual fund distributors or financial planners. Before signing the application form, an investor must go through the offer document. But these documents are quite lengthy. So, an investor can go through the Key Information Memorandum or KIM.
Below given are certain points which you should not give a miss:
You will know most of the information in the KIM. But it is still better to spare some minutes and read through the offer document.