Funds, AMCs & Collective Investments

  1. F1

    Fund Structure

    The vehicle. Who runs it, who protects the investor, and what a scheme actually is.

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      Topic 01

      Open-Ended, Close-Ended and Interval Funds Compared

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    • Compare
      Topic 01

      Open-Ended

      Topic 02

      Close-Ended: What a Fixed Unit Count Does

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  2. F2

    NAV and Units

    The price. How it is struck each day, and which day's price an order gets.

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      Topic 01

      NAV

      Topic 02

      Unit Price: A Computed Value and an Agreed One

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  3. F5

    Fund Costs

    What it costs. Loads, the expense ratio, and the direct against regular gap.

    • Compare
      Topic 01

      Direct Plan and Regular Plan: The Cost and the Trade

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  4. F6

    Active and Passive Funds

    The structural choice. Tracking, creation units and what passive actually delivers.

    • Compare
      Topic 01

      ETF

      Topic 02

      Fund of Funds: Where You Buy and What You Pay

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    • Compare
      Topic 01

      Tracking Difference

      Topic 02

      Tracking Error: Gap and Spread

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  5. F7

    Fund Performance Context

    Reading a return honestly. The measures, the benchmark, and what each assumes.

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      Topic 01

      Rolling Return

      Topic 02

      Point to Point: What Each One Hides

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    • Compare
      Topic 01

      Fund Return

      Topic 02

      Benchmark Return: Net Against No Cost

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  6. F8

    Fund Documents

    What the AMC must publish. SID, KIM, SAI, the factsheet and the portfolio disclosure.

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      Topic 01

      Portfolio Disclosure and Factsheet: What Each Gives

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  7. F9

    Investor Records

    What the investor holds and how it is identified. PAN, KYC, folio, nomination, the statement.

    • Compare
      Topic 01

      Folio or Account Statement: Which One Answers Your Question

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  8. F10

    Fund Operations

    What happens between order and statement. The RTA, valuation, accounting, reconciliation.

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      Topic 01

      Fund Accounting

      Topic 02

      Fund Valuation: The Two Questions

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    • Compare
      Topic 01

      Custodian

      Topic 02

      RTA: Two Registers at Opposite Ends

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  9. F11

    Fund Distribution and Investor Service

    How a fund reaches an investor, and what the distributor may and may not do.

    • Compare
      Topic 01

      Fund Manager

      Topic 02

      Distributor: Who Does What, and Why

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