Glossary

Understanding mutual fund terminology is often the first friction point when going through scheme related documents, factsheets, portfolio disclosures or any fund material. The HDFC Mutual Fund glossary addresses this by offering definitions aligned with industry usage in India. It covers frequently encountered terms such as SIP, NAV, expense ratio, redemption, asset allocation, etc. presented for quick reference rather than extended explanation. This section works well as a companion to fund material. It may help interpret what you are reading without reframing or oversimplifying underlying concepts.