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Suggest a new Definition
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Mutual-Fund
- PREV DEFINITION
Net Asset Value
See AlsoTypes of Bonuses Under Life Insurance PolicySBI Life Services - Insurance Premium Payment, Policy StatusWho is the highest-paid insurance agent?SBI Life - Leading Life insurance Company in IndiaNet asset value (NAV) is the value of a fund's asset less the value of its liabilities per unit.
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Open-ended funds
These funds buy and sell units on a continuous basis and, hence, allow investors to enter and exit as per their convenience.
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Definition: A new fund offer (NFO) is the first time subscription offer for a new scheme launched by the asset management companies (AMCs). A new fund offer is launched in the market to raise capital from the public in order to buy securities like shares, govt. bonds etc. from the market.
Description: NFO is similar to the initial public offer (IPO) with an attempt to raise capital from the market. NFOs are offered for a stipulated period. This means that the investors opting to invest in these schemes at the offer price (in most cases the offer price is fixed at Rs 10) can do so in this stipulated period only. After the NFO period, investors can take exposure in these funds only at the prevailing NAV.
Also See: AMC, IPO, Mutual Fund, Close Ended Scheme
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- NFONEW FUND OFFERIPOBONDS
- MUTUAL FUNDAMCINVESTASSET
- INITIAL PUBLIC OFFER
- PREV DEFINITION
Net Asset Value
Net asset value (NAV) is the value of a fund's asset less the value of its liabilities per unit.
Read More
- NEXT DEFINITION
Open-ended funds
These funds buy and sell units on a continuous basis and, hence, allow investors to enter and exit as per their convenience.
Read More
Related Definitions
- Arbitrage Fund: Arbitrage fund is a type of mutual fund that leverages the price differential in the cash and derivatives market to generate returns. The returns are dependent on the volatility of the asset. These funds are hybrid in nature as they have the provision of investing a sizeable portion of the portfolio in debt markets.Description: Arbitrage funds are the panacea for low risk taking investors. IBenchmark: A benchmark is an unmanaged group of securities which are considered as a 'benchmark' to measure a fund's/stock's performance. Benchmarks are generally broad market indices like BSE Sensex, CNX Nifty of the Indian stock market with which mutual fund returns are compared.Description: If a fund returned 59% in a particular year, but the benchmark Sensex returned 70%, this infers the fund underBenchmark Government Bond: Benchmark government bond is a debt security issued by the Central government with a residual maturity of 10 years. Description: This bond is backed by sovereign guarantee. Hence investors don’t face any default risk. At the maturity of one benchmark sovereign bond, another one with the same residual maturity is issued by the Central government. The coupon rate is decided by way of aucCategories msid=4006719,type=11 ##)Definition: Categories in the context to financial markets are asset classes where an investor can invest. There are various categories to invest in such as debt instruments, equity instruments and a portfolio of both.Description: Categories in context to mutual funds can be classified into equity fund, debt fund or hybrid funds with equity funds being classified by
- Closed-ended Funds: The unit capital of closed-ended funds is fixed and they sell a specific number of units. Unlike in open-ended funds, investors cannot buy the units of a closed-ended fund after its NFO period is over. Description: This means that new investors cannot enter, nor can the existing investors exit till the term of the scheme ends. However, to provide a platform for investors to exit before the tCommodity Funds: Commodity funds are funds which basically invest in commodities, such as gold, oil or livestock. They also invest in commodity futures and options. Some commodity funds invest in the stocks of companies, like gold funds which invest in the stocks of gold mining companies.Description: As the name suggests, a commodity market covers various kinds of products such as gold, oil and various agri Contingent Deferred Sales Charge: It is the exit fee charged by a no load mutual fund. The CDSC is a reducing charge. It reduces annually and becomes zero upon completion of 4 years form the date of investment.Also See: Entry Load, Exit LoadCredit Rating: Credit rating is an analysis of the credit risks associated with a financial instrument or a financial entity. It is a rating given to a particular entity based on the credentials and the extent to which the financial statements of the entity are sound, in terms of borrowing and lending that has been done in the past.Description: Usually, is in the form of a detailed report based on the fina
- Custodian: A custodian is responsible for keeping as well as safeguarding the investments and securities on behalf of the owners.Description: A mutual fund company requires an organization or a bank to hold and safe keep records of its assets and investments which have been acquired using the pooled funds of a large number of investors. A custodian helps ensuring the interests of the investors by keepiDebt Funds: Debt funds are mutual funds that invest in fixed income securities like bonds and treasury bills. Gilt fund, monthly income plans (MIPs), short term plans (STPs), liquid funds, and fixed maturity plans (FMPs) are some of the investment options in debt funds. Apart from these categories, debt funds include various funds investing in short term, medium term and long term bonds.Description: Deb
Related News
Helios Mutual Fund launches Balanced Advantage FundThe investment objective of the scheme is to capitalize on the potential upside of equities while attempting to limit the downside by dynamically managing the portfolio through investment in equity and equity related instruments and active use of debt, money market instruments and derivatives.- 7 NFOs open for subscription this weekWhile Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF, and Kotak Technology Fund have already kicked off, Union Business Cycle Fund, Edelweiss Technology Fund, Baroda BNP Paribas Innovation Fund, Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF, and Canara Robeco Manufacturing Fund will open for subscription later this week.
- Axis Mutual Fund launches Sensex Index Fund NFO. Top 10 things to knowAxis S&P BSE Sensex Index fund is an open-ended index fund tracking the S&P BSE Sensex TRI. The scheme provides diversification as the S&P BSE Sensex Index consists of 30 companies spread across 14 industries.
- SBI Mutual Fund looks to garner up to Rs 4,000 cr from energy-focused NFOOn the fundraising target during the NFO period, D P Singh, the deputy managing director & joint chief executive, told PTI that more than the primary subscription they are more interested in wider coverage and the aim it cover/get subscriptions from at least 90 per cent of the pin codes and from at least 2.5-3 lakh investors.
- Bajaj Finserv Large and Mid Cap Fund, 5 other NFOs open this week; should you invest?Two new fund offering from Nippon India mutual Fund are open for subscription. Four new fund offer will open for subscription later this week. Should you invest in these NFOs?
- SBI Nifty50 Equal Weight Index Fund NFO collects over Rs 900 croreThe scheme will invest 95-100% of its assets in stocks comprising the NIFTY50 Equal Weight Index, 0-5% in equity derivatives or up to 5% in Government securities (like G-Secs, SDLs, treasury bills and any other like instruments as specified by the RBI from time to time), including tri party repo and units of liquid mutual fund.
- Motilal Oswal Large Cap Fund: NFO ReviewInvestors can consider allocating to the NFO of Motilal Oswal Large Cap Fund, which offers a differentiated large-cap strategy. The NFO closes on January 31 and has a minimum investment amount of Rs 500. The fund will be benchmarked to the Nifty 100 TRI.
- Old Bridge Mutual Fund's maiden fund a 'concentrated' play, may not suit allThe scheme co-managed by its founder Kenneth Andrade, a former chief investment officer of IDFC Mutual Fund (now Bandhan), will run a concentrated portfolio with 25-30 stocks - a strategy that he was known for in his previous stint in the mutual fund industry that ended in 2015.
- We are cautious about small caps and mid caps: Ajay Tyagi of UTI Mutual Fund"I would remember 2023 as a year where there was anxiety around significantly high interest rates, anxiety around the second order impact that these interest rates would have on financial institutions and banks, and expectations around inflation coming down," says Ajay Tyagi, Head of Equities, UTI Mutual Fund.
- Axis Mutual Fund withdraws Axis US Treasury Dynamic Bond ETF Fund of Fund NFOAxis US Treasury Dynamic Bond ETF FoF, an open-ended fund of fund investing in ETFs wherein the underlying investments comprise of US treasury securities across duration.
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