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Money Market Fund

In the world of finance, there exists a type of mutual fund solely dedicated to investing in money markets. These markets include commercial papers, bills, and certificates of deposit - all carefully selected by the Reserve Bank of India (RBI). With a minimum lock-in period of 15 days, these funds were once regulated by the RBI, but now fall under the jurisdiction of the Securities and Exchange Board of India (SEBI).

Repurchase Price

A key concept in finance is the repurchase agreement, also known as a repo. This is an agreement between a buyer and seller for the sale and repurchase of a security at a fu...

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Adjusted NAV

The Net Asset Value (NAV) of a unit is an important measure in finance that takes into account all changes resulting from dividend declarations, bonuses, and other factors. ...

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Scheme Information Document

In the world of finance, a crucial document to understand is the fund offer. This document is filled with valuable information about a particular scheme, including the minim...

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Open-ended Fund

An Open-ended Mutual Fund is a type of fund that becomes available after the New Fund Offer (NFO) ends. It allows individuals to enter and exit the fund at any time after it...

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