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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

Mutual fund trustee

Market basics

The trust, and its trustees, that legally hold a scheme’s assets on behalf of the unitholders.

In plain terms

The assets belong to the trust for you, not to the AMC. A prescribed majority of trustees must be independent of the sponsor, which is the whole point of having them.

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Indian stock market glossary · Market Vidyalaya