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Terms |
Description |
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Balance Maturity Tenure Of A Scheme |
It is defined In the case of close-ended schemes as the balance period till the redemption of the scheme. |
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Balanced Funds |
A class of mutual fund that aims at allocating the total assets with it in the portfolio mix of debt as well as equity instruments. |
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Bear Market |
It is a period in market when investors are on a selling spree and the share prices are going down. |
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Benchmark |
It is the platform or the parameter with which a scheme can be compared. For example, the performance of an index fund can be benchmarked against the appropriate index specified by it. |
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Beta |
It is the measure of the relative sensitivity of a stock or mutual fund to the market. The market is assigned a beta of 1. The higher the beta, the more sensitive the stock or fund is considered to be relative to the market as a whole. In other words, funds with beta more than 1 will react more to any fluctuaitons (whether upward or downward) in market than funds with beta less than 1. |
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Blue Chip Stock |
Usually a high priced scrip of a major corporation with a long, fairly stable record of earnings and dividend payments and with good expected future growth.. |
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Bond |
An interest-bearing promise to pay a specified sum of money due on a specific date in the future (maturity date). |
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Bonus |
Bonus is allocation of additional units to the investors on the basis of their existing holdings. Basically, there is a split of existing units into more than one unit resulting in the reduction of the NAV per unit. |
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Broker |
A broker is an intermediary who guides the investors on one or more investment avenues available to an investor and facilitates the process of investment. |
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Brokerage |
It is the fee payable to a broker for acting as an intermediary in a transaction (normally a buy transaction). For example, brokerage is paid by a fund to a broker for getting fresh investments from investors. |
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BSE Index |
A index reflecting the stock prices of 30 companies listed on the Bombay Stock Exchange (BSE) which is taken to be representative of the stock market movement. It is usually considered as the benchmark forperformance evaluation of equity funds. |
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Bull Market |
Period during which the prices of stocks in the stock market keep continuously rising for a significant period of time on the back of sustained demand for the stocks. |