Minimum Investment

A Minimum Investment in a fund refers to the smallest amount of money an investor is required to put into a specific mutual fund scheme to start investing.

Net Asset Value

Net asset value (NAV) is the value of an investment company's assets minus its liabilities. It's a key metric used to understand the value of a fund and the price at which investors can buy or sell units.

Expense Ratio

Total Expense Ratio (TER) is the percentage of a fund's assets that is used to cover the costs of managing, operating and distributing the fund.

AMC

AMC stands for Asset Management Company. It's the company that creates and manages mutual funds—deciding where to invest your money, tracking performance, and handling day-to-day operations of the fund.

Domicile

Domicile is the country where the fund is legally incorporated or registered.

Exit Load

An Exit Load is a fee charged by funds when an investor sells their units before a specified time period. This fee is usually a percentage of the current value of the investment.

Assets Under Management (AUM)

Assets under management (AUM) is the total market value of all investments managed by a financial institution, such as a mutual fund.

Inception Date

An inception date is the date when a fund begins or was created.

Share Class

Share classes in funds represent different versions of the same fund, tailored for various investor needs—like currency, fees, income payouts, or investor type—while all investing in the same underlying portfolio.

Settlement Period

The settlement period is the number of business days after a trade when a buy or sell order is completed and units or cash are exchanged. It is often shown as T+N, where N is the number of days.