Guides
A growing collection of how-to guides and reference notes.
- Corporate bond mutual fund
Encyclopedic reference on corporate bond mutual funds in India: SEBI definition (80% in AA+ and above rated bonds), credit quality screen, duration flexibility, comparison with banking PSU debt and credit risk funds, and taxation post Finance Act 2023.
- Corporate body MF investor
Comprehensive reference on companies, LLPs, and other corporate bodies investing in Indian mutual funds: SEBI eligibility, board authorisation, KYC documentation, eligible schemes, taxation, and compliance obligations.
- Contra mutual fund
Encyclopedic reference on contra (contrarian) equity mutual funds in India: SEBI definition requiring contrarian investment strategy, difference from value funds, 65% equity minimum, taxation, and exemplar schemes.
- Consolidated Account Statement (CAS) for mutual funds
The Consolidated Account Statement is a single document issued by CAMS or KFintech that consolidates all mutual fund holdings and transactions across AMCs into one monthly or on-demand statement for Indian investors.
- Conservative hybrid mutual fund
Encyclopedic reference on conservative hybrid mutual funds in India: SEBI 10 to 25% equity and 75 to 90% debt rules, debt-fund taxation, CRISIL Hybrid 85+15 Conservative Index benchmark, comparison with aggressive hybrid and balanced advantage funds.
- Close-ended mutual fund
Close-ended mutual fund schemes in India: NFO-only subscription, mandatory listing, FMP and capital-protection variants, taxation, decline post-2014.
- CAS -- NSDL and CDSL versions for mutual funds
The NSDL and CDSL depositories issue their own versions of the Consolidated Account Statement covering demat-held mutual fund units alongside listed securities, complementing the RTA-generated CAS for investors who hold units in demat form.
- Canara Robeco Mutual Fund
Canara Robeco Mutual Fund is a joint venture AMC between Canara Bank and Robeco Groep of the Netherlands, managing over Rs 90,000 crore in diversified schemes.
- CAMS mutual fund account statement
The CAMS account statement is a transaction and holdings record issued by Computer Age Management Services for all mutual fund folios it services, covering purchases, redemptions, switches, dividends, and current valuation.
- CAMS and KFin capital gains statement for mutual funds
The CAMS and KFin capital gains statement is a tax computation report generated by the two major mutual fund RTAs that applies FIFO to compute short-term and long-term capital gains on mutual fund redemptions for any specified date range, used as the primary input for income-tax filings.
- BSE 500 TRI (Total Returns Index)
The BSE 500 TRI is the total-return variant of the BSE 500 index, representing approximately 93% of the total market capitalisation of BSE-listed companies. It is used as a broad-market benchmark for multi-cap, flexi-cap, and total-market equity mutual funds in India.
- BSE 100 TRI (Total Returns Index)
The BSE 100 TRI is the total-return variant of the BSE 100 index, representing the 100 largest companies listed on BSE by free-float market capitalisation. It serves as a primary benchmark for large-cap and large-and-midcap equity mutual funds in India.
- Bonus stripping disallowance (Section 94(8))
Section 94(8) disallows a capital loss on original mutual fund units where bonus units were received and the original units are sold within 9 months at a loss. Mechanics and scope explained.
- Beta in mutual funds
Beta measures a mutual fund's sensitivity to movements in its benchmark index. A beta of 1.0 means the fund moves in line with the benchmark; above 1.0 indicates amplified market movements; below 1.0 indicates a cushioned response.
- Baroda BNP Paribas Mutual Fund
Baroda BNP Paribas Mutual Fund is an Indian AMC jointly sponsored by Bank of Baroda and BNP Paribas Asset Management, formed after the 2022 merger of their separate AMCs.
- Bandhan Mutual Fund
Bandhan Mutual Fund is the renamed successor to IDFC Mutual Fund, rebranded in 2023 following Bandhan Financial Holdings' acquisition of IDFC AMC.
- Bandhan Group acquisition of IDFC Mutual Fund (2022)
The 2022 acquisition of IDFC Asset Management Company by Bandhan Financial Holdings transferred a mid-sized fund house from the IDFC banking group to the Bandhan microfinance and banking franchise for approximately Rs 4,500 crore.
- Balanced advantage fund vs aggressive hybrid fund
A factual comparison of Balanced Advantage Funds (BAFs) and Aggressive Hybrid Funds in India, covering SEBI categorisation, asset allocation rules, risk profile, taxation, and investor suitability.
- Balanced advantage fund
Encyclopedic reference on Balanced Advantage Funds (BAF) and Dynamic Asset Allocation Funds in India: dynamic equity-debt rebalancing models, equity taxation, comparison with aggressive hybrid, exemplar schemes, and SEBI categorisation.
- Bajaj Finserv Mutual Fund
Bajaj Finserv Mutual Fund is a new Indian AMC launched in 2023, sponsored by Bajaj Finserv Limited, part of the diversified Bajaj Group financial services ecosystem.
- B30/T30 incentive framework, Indian mutual funds
Encyclopedic reference on India's B30/T30 mutual fund distribution incentive: the SEBI-mandated additional TER for inflows from cities beyond the top 30, its policy rationale, evolution, and impact on industry geographic expansion.
- Axis Mutual Fund direct portal
Axis Mutual Fund's direct portal (axismf.com) allows investors to invest in direct plans of Axis AMC schemes, operated by Axis Asset Management Company Limited.
- Axis Mutual Fund
Axis Mutual Fund is a major Indian AMC sponsored by Axis Bank, known for its quality-focused equity franchise and affected by a front-running scandal in 2022.
- AUM size classification of mutual funds in India
SEBI classifies Indian mutual fund schemes by assets under management (AUM) size into categories, large-cap, mid-cap, and small-cap, based on market capitalisation ranking of underlying stocks, not the fund's own AUM. SEBI's 2017 rationalisation brought mandatory category definitions.
- Association of Mutual Funds in India (AMFI)
AMFI is the industry body and self-regulatory organisation for mutual funds in India, established in 1995 to develop the industry, enforce codes of conduct, and protect investor interests.
- ASBA for Mutual Fund Subscriptions in India
How the Application Supported by Blocked Amount (ASBA) mechanism works for mutual fund subscriptions, its regulatory basis, the ASBA-for-MF pilot, and its role in the broader MF payment ecosystem alongside NACH and UPI AutoPay.
- Arbitrage mutual fund
Encyclopedic reference on arbitrage mutual funds in India: cash-futures spread exploitation, SEBI 65% equity (arbitrage) minimum, equity-fund taxation, comparison with liquid and overnight funds, and exemplar schemes.
- Arbitrage fund vs liquid fund for short-term parking
Arbitrage funds and liquid funds are both used for short-term cash parking in India but differ in strategy, risk, liquidity, and tax treatment. Arbitrage funds get equity-oriented taxation despite minimal directional risk. Covers the comparison, the tax efficiency, and the choice criteria.
- Anil Ghelani
Anil Ghelani is the Head of Passive Investments and Products at DSP Investment Managers (DSP Mutual Fund) and a prominent advocate for passive and ETF investing within the Indian mutual fund industry.
- Anand Radhakrishnan
Anand Radhakrishnan is the Chief Investment Officer of Franklin Templeton Asset Management India, overseeing its equity investment operations, and a long-tenured fund manager with expertise in quality growth investing.