Capital gains is the profit which the person makes when he sells the asset. Selling price - purchase price = Capital gains.

Close ended funds are offered in form of NFO (new fund offer) like in IPO in case of equity shares. A fixed amount of money is raised during NFO, and gets closed for further sell and purchase.

CAGR shows the growth in value of investment year on year. It normalises the varied returns over years and gives a constant growth rate. It might be the case that an investment has shown negative growth in one year, and has sharply risen in its value in another year. CAGR will consider both and will give one rate of return over years irrespective of investment's performance in individual years.

It is the single account statement that represents all the transactions of an investor across all mutual funds.

Credit quality of the fund indicated the risk associated with it. The higher the rating the safer is the fund. The credit rating agencies rate the funds based on their investments made in securities spanning from risk-free government securities to high-risk commercial papers.

Long term securities that have a fixed interest rate to be paid in every pre-defined time intervals, have a fix redemption rate, and maturity period.

It is a capital market instrument which the companies use to raise long and medium term funds. They are issued by companies with a fix interest rate (payable at pre-defined time interval), and maturity period.

It is a process where the physical shares of an investor are converted to shares in electronic form are being reflected in his Demat account.

Diversification is the process of investing in wide range of financial instruments in order to minimise the risk and maximise the returns. The idea is to invest in securities which generally don't move in same direction.

Many dividend funds give the facility of reinvesting the declared dividends earned in the same fund instead of giving the same to the investor. It leads to increase investor's invested amount in the fund.