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Terms |
Description |
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Management Expense Ratio |
The ratio of management expenses to the total funds under management. It is usually specified in the offer document as a percentage of teh assets under manaegment of the fund. |
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Management Fee/Expense |
The charge made to a mutual fund for supervision of its portfolio, usually expressed as percentage of assets. |
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Market Risk |
It refers to the risk posed by the market in itself i.e. the risk that the price of a security will rise or fall due to changing economic, political, or market conditions, or due to a company's individual situation. |
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Maturity or Maturity Date |
The date upon which the principal of a security becomes due and payable to the security holder. |
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Minimum Additional Investment |
The minimum amount, which an existing investor should invest for purchasing fresh units. |
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Minimum Balance |
It is the minimum amount specified by a fund that should remain invested in a scheme after any redemption. |
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Minimum Subscription |
It refers to the minimum amount required to be invested to purchase units of a scheme of a mutual fund. |
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Minimum Withdrawal |
The smallest sum that an investor can withdraw (get redeemed) from the fund at one time. |
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Money Market |
It refers to a market for very short-term securities. Money market instruments are forms of debt that mature in less than a year and are very liquid in nature. Securities such as Treasury Bills and Call Money make up the bulk of trading in the money markets. |
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Minimum Fill (MF) |
This is one of the special conditions where a minimum quantity is specified for an order. The quantity of the trade involving an order with a MF attribute should at least be this minimum quantity specified. |
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Money Market Instruments |
Refers to Commercial Papers, Treasury Bills, GOI Securities etc. with an unexpired maturity less than or up to one year, Call MSoney, Certificates of Deposit and any other instrument specified by the Reserve Bank of India. |
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Mutual Funds |
An investment company that pools money from its unitholders and invests that money into a variety of securities, including stocks, bonds, and money-market instruments. This represents a way of investing money into a professionally managed and diversified pool of securities that hopefully will provide a good return on unitholders' money. |