๐ Mutual Fund Terms Explained Simply ๐ฐ
1. SIP โ Investing a fixed amount every month
2. NAV โ Price of one mutual fund unit
3. AUM โ Total money managed by the fund
4. Expense Ratio โ Fees charged by the fund house
5. CAGR โ Average yearly return of investment
6. Equity Fund โ Invests mainly in stocks
7. Debt Fund โ Invests mainly in bonds/fixed income
8. ELSS โ Tax-saving mutual fund with 3-year lock-in
9. Large Cap โ Big & stable companies
10. Mid Cap โ Medium-sized growth companies
11. Small Cap โ High-risk, high-growth companies
๐ Understanding simple terms makes investing easier. ๐
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