Glossary - A

HDFC Asset Management Company Limited, incorporated under the provisions of the Companies Act, 1956 and approved by the Securities and Exchange Board of India under Regulation 21 (2) to act as the Asset Management Company for the Schemes of HDFC Mutual Fund.

Amortization is an accounting technique used to periodically lower the book value of a loan or an intangible asset over a set period of time. Concerning a loan, amortization focuses on spreading out loan payments over time.

An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions.

An annual or annualized return is a measure of how much an investment has increased / decreased on average each year during a specific period. 

Arbitrage describes the act of buying a security in one market and simultaneously selling it in another market at a higher price, thereby enabling investors to profit from the temporary difference in cost per share.

An asset is a resource that is expected to provide a future benefit to its owner.In the case of businesses, assets are reported on the company's balance sheet.

The process of determining the optimal division of an investor’s portfolio among different assets. Most frequently this refers to allocations between debt, equity, and cash

An asset is a resource that is expected to provide a future benefit to its owner.In the case of businesses, assets are reported on the company's balance sheet.

The average of all maturity dates for securities in a money market or bond fund.