General Insurance provides much-needed protection against unforeseen events such as accidents, illness, fire, burglary etc. Unlike Life Insurance, General Insurance is not meant to offer returns but is a protection against contingencies. Almost everything that has a financial value in life and has a probability of getting lost, [...]
more→Glossary: Some terms related with Mutual Funds:
ACCOUNT STATEMENT:
A document issued by the mutual fund, giving details of transactions and holdings of an investor.
ADJUSTED NAV (TOTAL RETURN):
The net asset value of a unit assuming reinvestment of distributions made to the investors in any form.
ADVISOR:
Your financial consultant who gives [...]
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