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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).

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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Systematic Transfer Plan (STP)

It is a convenient tool for investors who want to diversify their portfolio and minimize market risk. A Systematic Transfer Plan, also commonly referred to as STP, is a pop...

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Lock-in Period

Investors must be aware of the lock-in period, which restricts them from redeeming their units immediately after making new investments. This time frame is predetermined and...

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No-load Fund

A sales load is a common fee charged for the buying and selling of mutual fund shares through an intermediary. However, there are certain types of mutual funds that do not im...

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