Mutual Fund
A professionally managed investment fund that pools money from many investors to purchase securities. Regulated by SEBI. India has over 40 mutual fund houses with ₹50+ lakh crore AUM.
Related Terms
N
NAV (Net Asset Value)
The per-unit value of a mutual fund, calculated by dividing total net…
S
SIP (Systematic Investment Plan)
Investing a fixed amount regularly (monthly/weekly) in mutual funds. Averages out purchase…
E
ELSS (Equity Linked Savings Scheme)
A type of mutual fund that invests primarily in equities and offers…
A
Assets Under Management (AUM)
The total market value of assets that a mutual fund or investment…
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