Guides
A growing collection of how-to guides and reference notes.
- Marquee thematic mutual fund cases
Indian marquee thematic mutual fund cases include Quant Small Cap Fund, Nippon India Small Cap Fund, and various sector-thematic schemes. Covers the high-conviction approach, the cyclical performance, and the lessons for thematic / concentrated investing.
- Marquee large-cap mutual fund case studies in India
Indian large-cap mutual fund case studies include HDFC Top 100, ICICI Prudential Bluechip, SBI Bluechip, Mirae Asset Large Cap, and Axis Bluechip. Covers the historical performance, the management approaches, and the lessons for long-term equity investing in Indian large-cap.
- Marquee debt mutual fund cases
Indian marquee debt mutual fund cases include HDFC Liquid Fund, ICICI Prudential Liquid Fund, SBI Magnum Liquid Fund, and others. Covers the operational scale, the role in corporate treasury management, and the post-2023 framework implications.
- Mark-to-market for debt mutual funds
Mark-to-market (MTM) valuation in debt mutual funds means underlying bond holdings are valued daily based on prevailing market prices rather than amortised cost. Covers the SEBI MTM framework, the impact on NAV stability, the difference from amortised-cost methods, and the implications for short-term volatility in debt-fund NAVs.
- Lump-sum mutual fund investment
A lump-sum mutual fund investment is a single one-time subscription of a substantial amount to a scheme, contrasted with the periodic SIP approach. Covers the use cases, the rupee-cost-averaging trade-off, the role in goal-based investing, and the relationship with STP for lump-sum-to-equity transitions.
- LRS scheme (RBI)
Stub article on the RBI Liberalised Remittance Scheme allowing Indian residents USD 250,000 annual outward remittance for permissible purposes. A full encyclopedic entry is pending.
- Long-Short Equity Fund (SIF)
A Long-Short Equity Fund is a Specialised Investment Fund (SIF) sub-category that takes long positions in stocks expected to outperform and short positions (via derivatives) in stocks expected to underperform. Covers the structure, the long-short ratio, the derivative permissions, the risk profile, the comparison with conventional equity mutual funds, and the minimum investment threshold.
- Loan against mutual funds (LAMF)
Loan against mutual funds (LAMF) is a credit product offered by banks, NBFCs, and broker-lenders that provides a loan against pledged mutual fund units as collateral. Covers the product structure, the LTV ratios, the interest rates, and the comparison with personal loans or other secured-credit alternatives.
- Liquid mutual fund
A Liquid mutual fund is a SEBI-defined debt category investing in money-market and debt instruments with residual maturity up to 91 days. Covers the SEBI definition, the investment universe, the NAV computation specifics, the typical use cases (treasury management, parking surplus, emergency corpus), the comparison with overnight funds and ultra-short duration funds, and the post-2023 tax treatment.
- Large and Mid Cap mutual fund
A Large and Mid Cap mutual fund is a SEBI-defined equity category requiring at least 35% allocation to large-cap stocks and at least 35% to mid-cap stocks (with the remaining 30% at fund-manager discretion). Covers the SEBI October 2017 categorisation definition, the typical investment universe, the risk-return profile, leading schemes, and the role in core-equity portfolio construction.
- L&T Mutual Fund (historical)
L&T Mutual Fund was acquired by HSBC Asset Management India in 2022 for USD 425 million; its schemes now run under HSBC Mutual Fund. History and lineage.
- KYD: Know Your Distributor process
Know Your Distributor (KYD) is the AMFI-mandated identity verification and credential check that every mutual fund distributor must complete before receiving an ARN. Covers the KYD documentation requirements, the role of CAMS / KFin as KYD facilitators, the verification process, and the periodic re-KYD obligation.
- KRA (KYC Registration Agency) ecosystem in India
KRAs (KYC Registration Agencies) are SEBI-registered entities that maintain centralised KYC records for Indian financial markets investors, eliminating duplicate KYC across institutions. Covers the framework, the major Indian KRAs, the relationship with CKYC, and the role in onboarding.
- Kotak Nasdaq 100 FoF
Stub article on the Kotak Fund-of-Funds scheme tracking the Nasdaq 100. A full encyclopedic entry is pending.
- Kite TradingView vs ChartIQ engine
Reference comparison of the two Kite charting engines: TradingView and ChartIQ. Covers feature breadth, indicators, drawings, performance, default availability, and the historical context.
- Kite drawing tools
Reference catalogue of drawing tools available on Zerodha Kite charts. Covers trend lines, channels, Fibonacci tools, harmonic patterns, Elliott Wave, Gann, and the ChartIQ vs TradingView coverage.
- Kite chart types explained
Reference guide to chart types available on Zerodha Kite: candlestick, line, bar (OHLC), Heikin Ashi, Renko, area. Covers when each chart type is useful, computation differences, and platform-specific notes for ChartIQ and TradingView.
- Karvy pledge misuse incident (2019)
In November 2019, Karvy Stock Broking was found to have misused client-pledged shares for proprietary trading, triggering one of the largest broker fraud cases in Indian capital markets. While the case primarily involved equity broking, it had implications for mutual fund distribution practices and broader investor-protection regime. Covers the incident, the SEBI ban, and the lasting impact on broker regulation.
- Kalpen Parekh
Kalpen Parekh is President of DSP Investment Managers and senior figure in DSP Mutual Fund leadership. Covers career, fund management approach, and industry contribution within the Indian mutual fund landscape.
- JPM Amtek incident (2015)
In August 2015, JPMorgan Asset Management India's two debt mutual fund schemes were exposed to a default by Amtek Auto, triggering one of the earliest major debt mutual fund crises in India. Covers the background, the scheme exposure, the SEBI response, and the policy implications that later led to the side-pocketing framework.
- Joint holders in mutual funds
Mutual fund folios can be held jointly by up to three individuals, with structured operational rules covering signing authority, redemption pickup, and succession. Covers the joint-holding modes (anyone-or-survivor and first-holder), the practical implications, the tax-filing structure (gains taxed in first-holder's hands), and the relationship with nomination.
- Japan-focused mutual fund (India)
A Japan-focused mutual fund is an Indian international fund category that provides exposure to Japanese equity markets via Fund-of-Funds investing in Nikkei 225 / TOPIX ETFs. Covers the structure, currency exposure (JPY-INR), the role in international diversification, and the tax treatment.
- Investor Protection Fund for mutual funds
The Investor Protection Fund framework provides residual compensation to mutual fund unit holders in cases of AMC default, fraud, or operational failure where standard insurance and trustee responsibilities cannot fully cover losses. Covers the SEBI framework, the funding mechanism, the eligibility criteria, and the operational scope.
- Investor grievance escalation matrix for mutual funds
The investor grievance escalation matrix is the AMFI-mandated multi-level framework for resolving investor complaints against mutual fund AMCs. Covers the four-level escalation (AMC, AMFI ombudsman, SEBI SCORES, SEBI ODR), the timelines at each level, and the practical workflow for an aggrieved investor.
- Investor education funded from TER
SEBI requires AMCs to allocate a portion of their TER toward investor education initiatives. Covers the framework, the typical allocation (2 basis points of TER), the use of funds (AMFI campaigns, AMC-specific initiatives, IAP programs), and the role in financial inclusion.
- Investor Charter for mutual funds
The Investor Charter for mutual funds is the SEBI-mandated statement of investor rights, services, and grievance redressal published by every AMC. Covers the charter contents, the rights enumerated (timely service, accurate information, redressal), the AMC's obligations, and the practical significance for Indian retail investors.
- International mutual funds (India)
Stub article on Indian-domiciled mutual fund schemes that invest in foreign equities and debt. A full encyclopedic entry is pending.
- International fund tax (India)
International mutual funds and Fund-of-Funds investing in foreign equities are taxed in India per the post-2023 debt-MF framework, regardless of the underlying-fund equity content. Covers the tax classification, the slab-rate treatment, the loss of LTCG indexation benefit, the impact for Indian investors, and the comparison with direct foreign-brokerage investing under LRS.
- International FoF vs direct foreign brokerage
The International FoF vs direct foreign brokerage comparison addresses how Indian investors should access US/foreign equities: through Indian mutual fund Fund-of-Funds (FoF) wrappers or via the Liberalised Remittance Scheme (LRS) using a US/foreign brokerage account directly. Covers the tax treatment differential, operational complexity, currency mechanics, and decision framework.
- Insurance-savings products vs mutual funds
Insurance-savings products (ULIPs, endowment plans) and mutual funds both serve long-term Indian household savings but with materially different cost structures, returns, and regulatory frameworks. Covers the comparison, the IRDAI vs SEBI regulatory divide, and the practical decision framework.