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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).

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...

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Sector Funds

These funds provide a way for investors to invest in a specific sector without having to choose individual companies themselves. Sector Funds, also known as Sector Mutual Fu...

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Average Maturity

This measure is used to calculate the sensitivity of a portfolio to changes in interest rates and is a key factor in risk management. As a financial expert, it is crucial t...

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Fund Manager

An individual designated by an asset management company (AMC) to oversee the management of a fund. This entails making strategic investment choices in accordance with the fun...

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