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Financial Terms

Mutual Fund Service System (MFSS)

The National Stock Exchange (NSE) offers a convenient online system known as Mutual Fund Service System (MFSS). This system is utilized by members to submit redemption or subscription requests on behalf of investors. It allows for efficient and secure online transactions, making the process more convenient for all parties involved.

Nominee

This individual is authorized to act on behalf of the investor in case of any unforeseeable circumstances such as death or incapacitation. A Nominee refers to an individual ...

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Flexible Exchange Rate System

In finance, we often encounter a term known as the "floating exchange rate". This refers to a rate that is determined by the forces of supply and demand in the foreign excha...

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Halloween Strategy

The Halloween Strategy, also referred to as the "Sell in May and Go Away" strategy, involves selling stocks before May 1st and waiting until October 31st to reinvest. This a...

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Global Indices

In the world of finance, we often refer to benchmarks as the standard by which we measure the performance of a market. They provide us with a way to evaluate the strengths a...

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