-
Notifications
You must be signed in to change notification settings - Fork 0
/
mutual_fund_terminology.ejs
411 lines (371 loc) · 15.7 KB
/
mutual_fund_terminology.ejs
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
300
301
302
303
304
305
306
307
308
309
310
311
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
353
354
355
356
357
358
359
360
361
362
363
364
365
366
367
368
369
370
371
372
373
374
375
376
377
378
379
380
381
382
383
384
385
386
387
388
389
390
391
392
393
394
395
396
397
398
399
400
401
402
403
404
405
406
407
408
409
410
411
<!DOCTYPE html>
<html lang="en">
<head>
<meta charset="UTF-8">
<meta http-equiv="X-UA-Compatible" content="IE=edge">
<meta name="viewport" content="width=device-width, initial-scale=1.0">
<!-- adding external bootstrap5 and CSS3 links -->
<link href="https://cdn.jsdelivr.net/npm/bootstrap@5.2.3/dist/css/bootstrap.min.css" rel="stylesheet">
<link rel="stylesheet" href="./css/mutual_fund_terminology.css">
<title>MF Terminology</title>
</head>
<body>
<!-- navbar -->
<nav class="navbar navbar-expand-lg navbar-dark bg-dark">
<div class="container-fluid">
<a class="navbar-brand" href="#"><i>ExpandUr</i>Wealth <i>School</i></a>
<button class="navbar-toggler" type="button" data-bs-toggle="collapse" data-bs-target="#navbarSupportedContent" aria-controls="navbarSupportedContent" aria-expanded="false" aria-label="Toggle navigation">
<span class="navbar-toggler-icon"></span>
</button>
<div class="collapse navbar-collapse" id="navbarSupportedContent">
<ul class="navbar-nav me-auto mb-2 mb-lg-0">
<li class="nav-item dropdown">
<a class="nav-link dropdown-toggle" href="#" id="navbarDropdown" role="button" data-bs-toggle="dropdown" aria-expanded="false">
Courses
</a>
<ul class="dropdown-menu" aria-labelledby="navbarDropdown">
<li><a class="dropdown-item" href="/fundamental_analysis">Fundamental and Industry Analysis</a></li>
<li><a class="dropdown-item" href="#">Technical Analysis</a></li>
<li><a class="dropdown-item" href="#">Macro & Micro Economics</a></li>
<li><a class="dropdown-item" href="#">Financial & Investing Psychology</a></li>
<li><a class="dropdown-item" href="#">Personal Finance</a></li>
<li><a class="dropdown-item" href="/stock_market_terminology">Stock Market Terminology</a></li>
<li><a class="dropdown-item" href="/mutual_fund_terminology">Mutual Fund Terminology</a></li>
</ul>
</li>
<li class="nav-item">
<a class="nav-link" href="#">Instructors</a>
</li>
<li class="nav-item dropdown">
<a class="nav-link dropdown-toggle" href="#" id="navbarDropdown" role="button" data-bs-toggle="dropdown" aria-expanded="false">
Support
</a>
<ul class="dropdown-menu" aria-labelledby="navbarDropdown">
<li><a class="dropdown-item" href="#">Support Team</a></li>
<li><a class="dropdown-item" href="#">Common Customer Queries</a></li>
</ul>
</li>
<li class="nav-item dropdown">
<a class="nav-link dropdown-toggle" href="#" id="navbarDropdown" role="button" data-bs-toggle="dropdown" aria-expanded="false">
My Account
</a>
<ul class="dropdown-menu" aria-labelledby="navbarDropdown">
<li><a class="dropdown-item" href="#"><h5><%= name %></h5> Account Details ></li>
<a class="dropdown-item" href="#">Settings</a>
<div class="dropdown-divider"></div>
<li>
<form action="/logout?_method=DELETE" method="POST">
<button type="submit" class="dropdown-item">Logout</button>
</form>
</li>
</ul>
</li>
<li class="nav-item">
<a class="nav-link" href="#">My Courses</a>
</li>
</ul>
<form class="d-flex">
<input class="form-control me-2" type="search" placeholder="Search courses..." aria-label="Search">
<button class="btn btn-success" type="submit">Explore</button>
</form>
</div>
</div>
</nav>
<!-- Mutual Fund and related Terminology Explanation -->
<h3 class="title" id="learn-mutual-fund">Learn about Mutual Funds</h3>
<div class="faq">
<div class="question">
<h5>What is Mutual Fund?</h5>
<svg width="15" height="10" viewBox="0 0 42 25">
<path d="M3 3L21 21L39 3" stroke="black" stroke-width="7" stroke-linecap="round"/>
</svg>
</div>
<div class="answer">
<br>
<p>
A mutual fund is a type of investment product that pools money from multiple investors and invests it in a
diversified portfolio of stocks, bonds, or other assets. Investors buy shares in the mutual fund, and the value
of those shares rises and falls with the performance of the included assets. Mutual funds are managed by
professional fund managers who make investment decisions on behalf of the investors.
</p>
</div>
</div>
<div class="faq">
<div class="question">
<h5>What is an Asset Class?</h5>
<svg width="15" height="10" viewBox="0 0 42 25">
<path d="M3 3L21 21L39 3" stroke="black" stroke-width="7" stroke-linecap="round"/>
</svg>
</div>
<div class="answer">
<br>
<p>
Asset class refers to a group of securities that exhibit similar characteristics and behave similarly in the
market. The three main asset classes are equities (stocks), fixed income (bonds), and cash equivalents.
Mutual funds are typically classified based on their asset class and investment objectives, and investors can
choose funds that align with their risk tolerance and investment goals.
</p>
</div>
</div>
<div class="faq">
<div class="question">
<h5>What is the meaning of holdings in mutual fund?</h5>
<svg width="15" height="10" viewBox="0 0 42 25">
<path d="M3 3L21 21L39 3" stroke="black" stroke-width="7" stroke-linecap="round"/>
</svg>
</div>
<div class="answer">
<br>
<p>
Holdings refer to the securities or assets held by the mutual fund in its portfolio. These holdings can include
stocks, bonds, and other types of investments.
</p>
</div>
</div>
<div class="faq">
<div class="question">
<h5>What is NAV?</h5>
<svg width="15" height="10" viewBox="0 0 42 25">
<path d="M3 3L21 21L39 3" stroke="black" stroke-width="7" stroke-linecap="round"/>
</svg>
</div>
<div class="answer">
<br>
<p>
Net Asset Value (NAV) is the total value of a mutual fund's assets minus its liabilities, divided by the total
number of units currently held by shareholders. NAV represents the price per unit of the mutual fund.
<p>Current NAV is the NAV of the mutual fund at the end of the trading day.</p>
Average NAV is the average of the NAVs of a mutual fund over a specified period of time, such as the last 1 year,
3 years, 5 years, or since inception.
</p>
</div>
</div>
<div class="faq">
<div class="question">
<h5>What is Minimum SIP Amount?</h5>
<svg width="15" height="10" viewBox="0 0 42 25">
<path d="M3 3L21 21L39 3" stroke="black" stroke-width="7" stroke-linecap="round"/>
</svg>
</div>
<div class="answer">
<br>
<p>
Minimum SIP (Systematic Investment Plan) amount refers to the minimum investment amount required for an investor
to participate in a SIP scheme offered by mutual funds. It is the minimum amount that an investor needs to invest
at regular intervals in a mutual fund scheme through SIP. This amount can vary from one mutual fund to another and
is typically determined by the fund house.
</p>
</div>
</div>
<div class="faq">
<div class="question">
<h5>What is Fund Size?</h5>
<svg width="15" height="10" viewBox="0 0 42 25">
<path d="M3 3L21 21L39 3" stroke="black" stroke-width="7" stroke-linecap="round"/>
</svg>
</div>
<div class="answer">
<br>
<p>
fund size refers to the total value of assets under management (AUM) of a particular mutual fund scheme. It
represents the total amount of money that investors have invested in the fund. The fund size can impact the
liquidity and performance of the mutual fund.
</p>
</div>
</div>
<div class="faq">
<div class="question">
<h5>What are 1 year returns?</h5>
<svg width="15" height="10" viewBox="0 0 42 25">
<path d="M3 3L21 21L39 3" stroke="black" stroke-width="7" stroke-linecap="round"/>
</svg>
</div>
<div class="answer">
<br>
<p>
The 1-year returns in a mutual fund refers to the percentage increase or decrease in the fund's net asset value
(NAV) over the past year. It is a measure of the fund's performance over the last 12 months.
</p>
</div>
</div>
<div class="faq">
<div class="question">
<h5>What are 3 year returns?</h5>
<svg width="15" height="10" viewBox="0 0 42 25">
<path d="M3 3L21 21L39 3" stroke="black" stroke-width="7" stroke-linecap="round"/>
</svg>
</div>
<div class="answer">
<br>
<p>
The 3-year returns in a mutual fund is a measure of the percentage increase or decrease in the value of the
mutual fund over the past 3 years. It indicates the average annual return generated by the mutual fund during
this period, taking into account all gains and losses. This metric is often used by investors to assess the
performance of a mutual fund over a longer period of time and to evaluate the consistency of returns.
</p>
</div>
</div>
<div class="faq">
<div class="question">
<h5>What are 5 year returns?</h5>
<svg width="15" height="10" viewBox="0 0 42 25">
<path d="M3 3L21 21L39 3" stroke="black" stroke-width="7" stroke-linecap="round"/>
</svg>
</div>
<div class="answer">
<br>
<p>
The 5-year returns in a mutual fund refer to the total percentage increase or decrease in the value of an
investment in a mutual fund over a period of five years. It is a measure of the fund's performance and helps
investors to evaluate the fund's past track record. The higher the 5-year returns, the better the performance
of the mutual fund over that time period.
</p>
</div>
</div>
<div class="faq">
<div class="question">
<h5>What are Balance Units?</h5>
<svg width="15" height="10" viewBox="0 0 42 25">
<path d="M3 3L21 21L39 3" stroke="black" stroke-width="7" stroke-linecap="round"/>
</svg>
</div>
<div class="answer">
<br>
<p>
Balance units represent the number of units held by an investor in a mutual fund scheme after all redeems (sells)
or purchases. It is the remaining units in the investor's account, representing the current value of the investment
in the scheme.
</p>
</div>
</div>
<div class="faq">
<div class="question">
<h5>What is XIRR?</h5>
<svg width="15" height="10" viewBox="0 0 42 25">
<path d="M3 3L21 21L39 3" stroke="black" stroke-width="7" stroke-linecap="round"/>
</svg>
</div>
<div class="answer">
<br>
<p>
XIRR stands for "Extended Internal Rate of Return". It is a financial metric used to calculate the returns of an
investment over a period of time, taking into account the timing and amount of cash inflows and outflows.
It takes into account the time value of money and provides a more accurate measure of the actual rate of return.
In the context of mutual funds, XIRR is used to calculate the annualized return earned by an investor over the
period of their investment.
</p>
</div>
</div>
<div class="faq">
<div class="question">
<h5>What are One Time Invest & SIP Invest?</h5>
<svg width="15" height="10" viewBox="0 0 42 25">
<path d="M3 3L21 21L39 3" stroke="black" stroke-width="7" stroke-linecap="round"/>
</svg>
</div>
<div class="answer">
<br>
<p>
One Time Invest and SIP (Systematic Investment Plan) Invest are two ways to invest in mutual funds.
</p>
One Time Invest refers to a lump sum investment where an investor invests a large sum of money in a mutual fund
at one go.
<p>
SIP Invest refers to a mode of investing a fixed amount of money at regular intervals, such as weekly, monthly or
quarterly, in a mutual fund. It helps investors inculcate a disciplined approach towards investing and benefit from
the power of compounding.
</p>
</div>
</div>
<div class="faq">
<div class="question">
<h5>What is weightage in mutual fund?</h5>
<svg width="15" height="10" viewBox="0 0 42 25">
<path d="M3 3L21 21L39 3" stroke="black" stroke-width="7" stroke-linecap="round"/>
</svg>
</div>
<div class="answer">
<br>
<p>
Weightage refers to the percentage assigned to each holding (out of 100) in a mutual fund's portfolio.
</p>
</div>
</div>
<br>
<!-- fees and charges associated with investing in mutual funds -->
<h3 class="title" id="learn-fees">Fees and Charges associated with investing in Mutual Funds.</h3>
<div class="faq">
<div class="question">
<h5>What is an Expense Ratio?</h5>
<svg width="15" height="10" viewBox="0 0 42 25">
<path d="M3 3L21 21L39 3" stroke="black" stroke-width="7" stroke-linecap="round"/>
</svg>
</div>
<div class="answer">
<br>
<p>
The fees charged by the mutual fund company to manage the fund, and is charged annually.
</p>
</div>
</div>
<div class="faq">
<div class="question">
<h5>What is Exit Load?</h5>
<svg width="15" height="10" viewBox="0 0 42 25">
<path d="M3 3L21 21L39 3" stroke="black" stroke-width="7" stroke-linecap="round"/>
</svg>
</div>
<div class="answer">
<br>
<p>
The fee charged by mutual funds when investors redeem or sell their units before a specified time period. It is
meant to discourage short-term investments and promote long-term investment objectives of the fund. The exit load
percentage and the holding period vary for different mutual fund schemes.
</p>
</div>
</div>
<div class="faq">
<div class="question">
<h5>What is Stamp Duty?</h5>
<svg width="15" height="10" viewBox="0 0 42 25">
<path d="M3 3L21 21L39 3" stroke="black" stroke-width="7" stroke-linecap="round"/>
</svg>
</div>
<div class="answer">
<br>
<p>
It is a tax imposed by the government on the purchase of mutual fund units. It is usually a small percentage of the
investment amount and varies from state to state in India.
</p>
</div>
</div>
<div class="faq">
<div class="question">
<h5>What is Tax?</h5>
<svg width="15" height="10" viewBox="0 0 42 25">
<path d="M3 3L21 21L39 3" stroke="black" stroke-width="7" stroke-linecap="round"/>
</svg>
</div>
<div class="answer">
<br>
<p>
Tax refers to the amount of money paid on the gains or profits earned from investments. There are 2 types of
capital gains tax applicable in mutual funds: Long-Term Capital Gains (LTCG) Tax and Short-Term Capital Gains
(STCG) Tax.
</p>
LTCG Tax is the tax payable on the profits earned on the sale of mutual fund units held for more than 1 year.
<p>
STCG Tax is the tax payable on the profits earned on the sale of mutual fund units held for less than or equal to
1 year.
</p>
</div>
</div>
<br>
<br>
<!-- adding bootstrap JS -->
<script src="https://cdn.jsdelivr.net/npm/bootstrap@5.2.3/dist/js/bootstrap.bundle.min.js"></script>
<script src="https://ajax.googleapis.com/ajax/libs/jquery/3.6.0/jquery.min.js"></script>
<!-- adding external JS -->
<script src="./js/mutual_fund_terminology.js"></script>
</body>
</html>