Mutual Funds
- Yield to maturity for debt mutual funds
Yield to maturity (YTM) of a debt mutual fund is the weighted average yield of all bonds in the portfolio, representing the expected pre-expense annualised return if all bonds are held to maturity and all coupons and principal are paid on schedule.
- Yes Bank AT1 bond writedown impact on mutual funds
The March 2020 writedown of Yes Bank's Additional Tier 1 bonds to zero under an RBI-supervised resolution caused immediate NAV losses in Indian mutual fund schemes that held these instruments.
- WhiteOak Capital Mutual Fund
WhiteOak Capital Mutual Fund is an Indian AMC launched in 2022, founded by Prashant Khemka, former Goldman Sachs India and White Oak Capital Management portfolio manager.
- Wealthy.in
Wealthy.in is an Indian SEBI-registered investment adviser and direct mutual fund platform offering direct plan investing, financial planning, and NPS, targeted at do-it-yourself investors.
- Vinit Sambre
Vinit Sambre is the Head of Equities and fund manager at DSP Investment Managers (DSP Mutual Fund), known for managing DSP Small Cap Fund and for his deep research-driven approach to small and mid-cap investing.
- Vetri Subramaniam
Vetri Subramaniam is the Chief Investment Officer of UTI Asset Management Company, one of India's oldest and largest fund houses, known for his valuation-disciplined equity investment philosophy.
- Value mutual fund
Encyclopedic reference on value equity mutual funds in India: SEBI definition requiring value investment strategy, 65% minimum equity, comparison with contra funds, typical holdings in cyclical and out-of-favour sectors, taxation, and exemplar schemes.
- UTI US-64 crisis (2001)
The UTI US-64 crisis of 2001 was India's largest mutual fund collapse, forcing a government bailout, scheme restructuring, and the eventual dissolution of Unit Trust of India into separate entities.
- UTI Mutual Fund IPO (2020)
UTI Asset Management Company's October 2020 IPO was the first listing of a major Indian AMC after the HDFC AMC IPO of 2018, valuing the country's oldest asset manager at approximately Rs 11,000 crore.
- UTI Mutual Fund direct portal
UTI Mutual Fund's direct portal (utimf.com) enables direct plan investing in UTI AMC schemes, one of India's oldest and largest government-sponsored asset management companies.
- UTI Mutual Fund
UTI Mutual Fund is India's oldest mutual fund, successor to the Unit Trust of India (post-2003 bifurcation), co-sponsored by SBI, PNB, Bank of Baroda, and LIC.
- UTI Master Index Fund (1998), India's first index fund
UTI Master Index Fund, launched in 1998, was the first passive index-tracking mutual fund in India, predating the Nifty BeES ETF by three years and establishing the conceptual foundation for passive investing among Indian retail investors.
- Upstox mutual fund platform
Upstox's mutual fund platform offers direct plan MF investing integrated into the Upstox stockbroking app, backed by Tiger Global and Ratan Tata, with AMFI ARN registration.
- Upside capture ratio in mutual funds
The upside capture ratio measures what percentage of benchmark gains a mutual fund captures when the benchmark posts a positive return. A ratio above 100 indicates the fund rises more than the benchmark during market upturns.
- UPI AutoPay for SIPs in Indian Mutual Funds
How UPI AutoPay replaced NACH e-mandates as the dominant SIP registration mechanism in India, enabling real-time mandate setup on smartphones and accelerating SIP account growth from 2020 onwards.
- Upfront commission in mutual funds, banned in 2018
Historical reference on upfront commissions paid to mutual fund distributors in India, SEBI's October 2018 ban, the churning problem it addressed, and the transition to trail-only distribution.
- Unit Trust of India
Unit Trust of India (UTI) was India's first mutual fund, established by Parliament in 1963, and bifurcated in 2003 into SUUTI and the SEBI-registered UTI Mutual Fund.
- Unclaimed Mutual Fund Redemption and Dividends in India
The regulatory framework, scale, and resolution process for unclaimed redemption proceeds and dividends in Indian mutual funds, including the Investor Education and Protection Fund (IEPF) transfer mechanism and AMC obligations.
- Ultra-short-duration mutual fund
Encyclopedic reference on ultra-short-duration mutual funds in India: SEBI Macaulay duration 3–6 months rule, comparison with liquid and low-duration funds, credit quality practice, taxation, and exemplar schemes.
- Trust as MF investor
Reference on trusts, public charitable, private, religious, and other, investing in Indian mutual funds: legal basis, trustee authority, KYC documentation, eligible schemes, and tax treatment.
- Trigger-based investing in mutual funds
Reference on trigger-based mutual fund investing in India: types of triggers (NAV, index, date, event), automated switch and redemption triggers, SEBI framework, and risks.
- Treynor ratio in mutual funds
The Treynor ratio measures excess return per unit of systematic risk (beta) rather than total risk. It is the appropriate risk-adjusted metric when evaluating a mutual fund that forms part of a well-diversified portfolio.
- Transmission of mutual fund units on death
Reference on the transmission of mutual fund units to nominees or legal heirs in India on the death of a unitholder: SEBI rules, documentation, process, joint holding, and distinction from nomination.
- Trail commission in mutual funds
Reference on trail commission paid to mutual fund distributors in India: definition, rate structure, SEBI regulations, distinction from upfront commission, and disclosure requirements.
- Tracking error in index funds
Tracking error measures how closely an index fund or ETF replicates the return of its benchmark index. It is the annualised standard deviation of the daily return differences between the fund and the benchmark, with lower values indicating tighter replication.
- Tracking difference in index funds
Tracking difference is the gap between an index fund's cumulative return and the return of its benchmark total return index over a given period. Unlike tracking error, it is a signed number that directly shows how much the fund under- or over-performed the benchmark.
- Total expense ratio in mutual funds
The total expense ratio (TER) is the annual cost a mutual fund charges unitholders as a percentage of its average daily net assets, covering management fees, trustee fees, marketing costs, and other operational expenses.
- Total Expense Ratio (TER) regulation and slabs, Indian mutual funds
Encyclopedic reference on SEBI's Total Expense Ratio (TER) framework for Indian mutual funds: slab structure, permitted additional charges, Direct vs Regular Plan differential, the 2018 revision, and ongoing compliance mechanisms.
- TDS on MF redemption for NRIs (Section 195)
Section 195 requires TDS on all MF redemption proceeds for NRI investors in India. Rates, DTAA relief, Form 15CA/15CB, and refund claim procedures explained.
- TDS on MF dividend (IDCW) for residents (Section 194K)
Section 194K requires 10% TDS on IDCW distributions from mutual funds when the aggregate IDCW in a financial year exceeds Rs 5,000. Scope, exemptions, and Form 15G/15H explained.