Every word
your bank assumed
you knew.

Linking your 12-digit Aadhaar number to PAN, bank accounts, and mutual fund folios.

The SEBI-registered entity that runs mutual fund schemes.

The Association of Mutual Funds in India, the industry body for AMCs.

A contract where you pay a lump sum to an insurer and receive periodic income for life.

The person legally entitled to a benefit, distinct from a nominee.

Compound Annual Growth Rate, the smoothed annual return between two dates.

A mutual fund that trades on an exchange like a stock, throughout the day.

A fee charged by some mutual funds if you redeem within a specified window.

The annual fee a mutual fund charges, expressed as a percentage of assets.

Follow-on Public Offering, when an already-listed company issues fresh shares.

Initial Public Offering, when a private company first sells shares to the public.

Know Your Customer, the identity verification required to invest or open an account.

The 100 largest companies on Indian exchanges by market capitalisation.

A minimum holding period during which you cannot redeem the investment.

Companies ranked 101 to 250 by market capitalisation in India.

The per-unit market value of a mutual fund, calculated at the end of every business day.

The person who receives custody of your assets if you die, in the absence of a will.

India's two main stock exchanges, where listed shares trade.

Permanent Account Number, the 10-character ID issued by the Income Tax Department.

The amount you pay an insurance company in exchange for cover.

The Reserve Bank of India, the central bank that sets monetary policy.

Real Estate Investment Trust, a listed vehicle that owns income-producing real estate.

The Securities and Exchange Board of India, the regulator for the securities market.

Companies ranked 251 and below by market capitalisation on Indian exchanges.

Extended Internal Rate of Return, the annualised return on an investment with irregular cash flows like a SIP.