Top Performing Small Cap Mutual Funds To Invest in 2015

Small Cap Mutual Funds To Invest in 2015 – The share market is at all time high and each day it is caching a new

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

What is Accrual Basis ?

A method of accounting that recognizes revenues and expenses as they accrue, even though cash would not have been received or paid during the accrual

Define Arbitrage

The simultaneous purchase and sale transactions in a security or a commodity, undertaken in different markets to profit from price differences.

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