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Mutual Funds

Unitholder

A mutual fund is a pool of money collected from many investors to invest in securities. A key term in the realm of finance is "unitholder." This refers to an individual who possesses a unit, or a share, of a mutual fund. Speaking of mutual funds, they are a collective pool of funds contributed by multiple investors for the purpose of investing in securities. This allows for diversification and professional management of investments. Essentially, unitholders are participants in this process, reaping potential benefits and risks alike.

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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Folio

It is important to keep track of your folio number as it is required for all transactions and correspondence with the fund. Mutual funds are a popular investment avenue, bu...

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Annualized Returns

Investors often gauge the success of their investments by looking at the annual return rate, which is the percentage of profit they earn on their investment each year. This ...

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Cut-off Time

Cut-off time is a critical concept in finance that dictates the day in which your transaction will be recorded. Essentially, it is the last moment during the day that your t...

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