Mutual fund encyclopedia

Glossary

Clear definitions for the language used across mutual funds, portfolios and investing.

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4 terms shown
All categoriesAcademy glossary · 4

ELSS

An equity-linked savings scheme with a statutory three-year lock-in and tax treatment subject to prevailing law.

Academy glossary

Equity Fund Taxation

The tax rules applied to gains and distributions from equity-oriented mutual funds under prevailing Indian law.

Academy glossary

Exit Load

A charge that may apply when units are redeemed before a scheme-specific holding period.

Academy glossary

Expense Ratio

The annual operating cost of a mutual fund scheme expressed as a percentage of its average assets.

Academy glossary