Glossary and Others - Upstox Help Center

Glossary and Others

What are Direct Mutual Funds?

If you want to book tickets to travel somewhere, you need to contact an agent for it. The agent is the middleman between you and the travel agency. Also, yo...
Wed, 20 Jul, 2022 at 7:39 PM

What does NAV mean?

What does NAV mean?  Net Asset Value (NAV) shows the performance of a particular scheme of a Mutual Fund. It represents the per share price of the fund on ...
Fri, 15 Jul, 2022 at 3:30 PM

What does a lock-in period mean in Mutual Funds?

The lock-in period in Mutual Funds means the investor cannot redeem their units before completing a predetermined period (also called the lock-in period) fr...
Thu, 14 Jul, 2022 at 11:12 AM

What is an exit load?

An exit load is the fee that Asset Management Companies (AMCs) charge investors at the time of exiting or redeeming their Mutual fund units. However, not al...
Thu, 14 Jul, 2022 at 11:18 AM

What are open ended and closed ended funds?

Open-ended Funds: Open-ended funds are always open to investment and redemptions. Open ended funds are the most common form of investment in Mutual funds in...
Mon, 28 Feb, 2022 at 6:26 PM

What does CAGR mean?

CAGR represents the compounded growth rate of your Mutual Fund investments. It helps you gauge a Mutual Fund scheme’s average annual growth over a period lo...
Thu, 14 Jul, 2022 at 11:08 AM

What does Expense ratio mean?

Mutual funds houses charge a fee to manage your money. This fee is known as the expense ratio and is expressed in terms of a percentage of the AUM (Assets U...
Mon, 28 Feb, 2022 at 6:23 PM

Why is the NAV for Direct Mutual Funds more than Regular Mutual Funds?

This is due to a concept called expense ratios.  The expense ratio is defined as the annual fee that an investor is charged for the management of the fu...
Wed, 20 Jul, 2022 at 7:55 PM

Is GST included in the expense ratio of a Mutual Fund?

Since AMCs provide money management as a service; it comes under the purview of GST. The expense ratio of Mutual Funds is inclusive of GST. You do not need ...
Thu, 14 Jul, 2022 at 11:25 AM