Abbreviations Used in Mutual Fund

List of Abbreviations Used in Mutual Fund..

Terminology - Mutual Fund..

Abbreviation - Full Form

AMC Asset Management Company

AMFI Association of Mutual Funds in India

ATM Automatic Teller Machine

AUM Assets Under Management

BRICS Brazil, Russia, India, China, South Africa

CAGR Compound Annual Growth Rate

CII Confederation of Indian Industry

ELSS Equity Linked Savings Schemes

GDP Gross Domestic Product

IFA Independent Financial Agent

INR Indian Rupee

KRA KYC Registration Agency

KYC Know Your Customer

LPA Lakhs Per Annum

MFA Mutual Fund Agents

NAV Net Asset Value

NCAER National Council of Applied Economic Research

RBI Reserve Bank of India

RGESS Rajiv Gandhi Equity Savings Scheme

RMSE Root Mean Squared Error

SEBI Securities Exchange Board of India

SWP Systematic Withdrawal Plan

SIP Systematic Investment Plan

T-15 Cities - The top 15 cities identified by AMFI as major investment hubs. Cities include Mumbai (including Thane & Navi Mumbai), Delhi (including NCR), Bangalore, Kolkata,

Chennai, Pune, Ahmedabad, Hyderabad, Baroda,

Panjim, Jaipur, Lucknow, Surat, Kanpur and Chandigarh

USB Ultra Small Branch

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