Holds our vocabulary (set of entities) and entity specific data
Management fee / expense
A fee charged by the professional fund manager to manage an investment portfolio on behalf of the investor.
Lock in period
Lock-in period is the time period when the investor is not allowed to redeem the units that he has purchased in the mutual fund.
KYC (Know Your Customer)
KYC means the procedure prescribed by SEBI for identifying and verifying the identity of clients with the help of proof of address, identity card, and compliance with rules, regulations, guidelines, and circulars issued by the SEBI Board or any other...
Junk Bond
A bond which is rated below the investment grade and denotes high risk to the investor.
Investment strategy
A plan used to build an investment portfolio to achieve the desired objective.
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Floating rate
Some debt securities reset the interest rate payable on the security depending on changes in the market interest rate. These debt securities are said to offer 'floating rate' of interest.
Face Value: Definition and how is it calculated?
What does at face value mean? Face value means the nominal value of a security. In the case of a stock, face value is the original price of the stock (the price listed on the certificate). For bonds, face value...
Dividend Stripping
The investor invests with the intention of exiting the fund as soon as the dividend is paid.