| Management Fee |
The fee charged against the expenses which fund incurs for the management of it's transactional and operational activities |
| Maturity |
Maturity is a period after which the financial instrument is either renewed or it ceases to exist. The interest payment stops and the principal value is paid back. |
| Minimum Additional Amount |
It is the minimum amount required by an individual to buy an unit in the mutual fund. |
| Money Market |
It is a market where banks and other financial institutions trade in financial instruments of high liquidity and very short maturity period (less than 90 days to 1 year). This market is generally used by banks to meet their liquidity requirements. |
| Money market Instruments |
Various money market instruments include treasury bills, commercial papers, certificates of deposit, bills of exchange, bankers' acceptances, repurchase agreements, short term debts and securities etc. |
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