Finance Glossary

Total market value of all investments managed by a mutual fund.

The annual growth rate of an investment over a period of time.

A type of mutual fund that qualifies for 80C tax deduction with a 3-year lock-in.

Fixed monthly payment made to repay a loan including principal and interest.

A mandatory retirement savings scheme where both employee and employer contribute.

A savings instrument where a lump sum is deposited for a fixed tenure at a guaranteed interest rate.

A movement of people who save aggressively to retire far earlier than the traditional age.

An allowance given by employers to employees to meet rental expenses, partly tax-exempt.

The new SEBI-mandated name for dividend option in mutual funds.

Profit from selling an asset held for more than a specified period, taxed at a lower rate.

Price per unit of a mutual fund, calculated daily based on the fund's portfolio value.

A government-backed retirement savings scheme with market-linked returns and pension benefits.

A 15-year government savings scheme with tax-free, guaranteed returns.

A savings scheme where a fixed amount is deposited monthly for a fixed tenure.

Government-issued bonds denominated in grams of gold, offering interest plus gold appreciation.

A method of investing a fixed amount in a mutual fund at regular intervals.

Profit from selling an asset held for less than the specified period, taxed at a higher rate.

A facility to withdraw a fixed amount from a mutual fund at regular intervals.

Annual fee charged by a mutual fund expressed as a percentage of its average NAV.

A method to calculate annualised returns when cash flows occur at irregular intervals.