Funds, ETFs & Index Investing
2 terms
Debt Fund
Funds, ETFs & Index Investing
qualitative
A mutual fund investing primarily in bonds, debentures and money-market instruments.
Test: the scheme invests predominantly in fixed-income securities, with returns driven by accrual and by price changes from yield movements
Direct Plan
Funds, ETFs & Index Investing
%
A version of a mutual fund scheme bought without a distributor, carrying no commission and therefore a lower expense ratio.
Test: the investment is made directly with the fund house or through an execution-only platform, with no distributor commission embedded