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Mutual Funds

Direct Plan

A Direct Plan is a straightforward investment option where the investor can directly invest with the Asset Management Company (AMC) without any involvement of intermediaries. This means that the investor does not have to pay any commission, resulting in a lower expense ratio. Direct Plans offer a cost-effective and efficient way for investors to build their portfolio without any additional fees.

Switching

Switching refers to the process of transferring funds from one investment scheme to another within the same Asset Management Company (AMC). This allows investors to realloca...

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Net Asset value (NAV)

. Let's discuss a fundamental concept in finance - Net Asset Value or NAV. Simply put, it is the unit price of one unit of a mutual fund. NAV is calculated by subtracting the...

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Exit Load

Mutual fund houses often levy an exit load when an investor chooses to withdraw their units or exit a scheme. This charge is applicable only if the exit is made within a spe...

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Minimum Additional Investment

An essential concept in finance is the minimum investment required for an existing investor to acquire additional units. This amount is determined by the mutual fund company...

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