181. Liquid Funds : the debt funds invest only in instruments with maturities less
than one year.
182. Gilt Funds : gilt funds invests only in securities that are issued by the GOVT.
and therefore does not carry any credit
risk.
183.Balanced Funds :funds that invest both in debt and equity markets are called balanced
funds.
184. Sponsor : sponsor is the promoter of the MF and appoints trustees, custodians
and the AMC with prior approval of SEBI
.
185. Trustee : trustee is responsible to the investors in the MF and appoint
the AMC
for managing the investment portfolio.
186.
AMC : the AMC describes Asset Management Company, it is the business face of
the MF, as it manages all the affairs of
the MF.
187. R
& T Agents : the R&T agents are responsible for the investor servicing
functions, as they maintain the records of investors in MF.
188. Custodians : custodians are responsible for the securities held in the mutual
fund’s portfolio.
189. Scheme take over : if an existing MF scheme is taken over by the another AMC,
it is called as scheme take over.
190.Meaning
of Load: load is the factor that is applied to the NAV of a scheme to arrive at
the price.
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