What is Gilt Fund ?
Funds which are invested exclusively in government securities and bond. Investor of Gilt funds have had no default risk as it is invested in Government
What is Balance Fund ?
Balanced funds are such funds which are invested in 40-60% in equity and debt instruments.Such funds provide both growth and regular income as such schemes
What is Net Asset Value (NAV) of a Mutual Fund scheme?
Net Asset Value (NAV) is the performance measure of an Mutual Fund Scheme. Mutual funds invest the money collected from the investors in securities markets
Define Acceptnace in Banking
This is drawee? acknowledgement of the LIABILITY on a BILL OF EXCHANGE, in writing on the instrument itself. A bill may also bear the co-acceptance
What is External Commercial Borrowing (ECB) ?
ECB refer to borrowings by corporate & FIs from international market. ECBs are part of India? overall external debt. ECB is permitted for import of
What is Perpetual Bonds ?
These are securities without any maturity.
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