Question
Which of the following is not a term related to mutual
funds?Solution
The term "Moratorium Period" is not related to mutual funds. It is generally used in the context of loans and refers to a period during which repayment is not required. • Mutual Fund Terms: o Net Asset Value (NAV): The per-unit price of a mutual fund. o Systematic Investment Plan (SIP): A method of investing regularly in mutual funds. o Expense Ratio: The percentage of fund assets used for management expenses. o Asset Under Management (AUM): The total market value of all assets managed by the fund.
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