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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

Showing 1 term

Custodian

Market basics

A separately registered entity that holds a mutual fund scheme’s securities, required to be independent of the sponsor in the manner the regulations prescribe.

In plain terms

This is where the money literally is. It is why an AMC in financial difficulty is a management problem rather than a custody problem.

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Indian stock market glossary · Market Vidyalaya