Editorial in progress
This guide is being rewritten.
The previous version was an outline; our editorial desk is replacing it with a full deep-dive. In the meantime, the pieces below cover the same ground with substantive prose and worked examples.
MFD vs RIA — Mutual Fund Distributor vs SEBI Registered Investment Adviser
An MFD (Mutual Fund Distributor) is an AMFI ARN-registered intermediary who distributes mutual fund products and earns commissions from AMCs
Target Maturity Fund — Defined-Maturity Debt Fund with Held-to-Maturity Yield Lock
A Target Maturity Fund (TMF) is a passively managed open-ended debt fund that tracks a defined-maturity G-Sec or SDL index. Investors who ho
Smart Beta Fund — Factor-Tilted Index Funds
Smart Beta Funds are passively managed index funds that track factor-based indices (momentum, quality, low volatility, value, alpha-50) inst