Debt Mutual Funds
Debt Mutual Fund refers to the money pooled from investors in fixed income securities, which include Government Bonds, Corporate Bonds, Money market instruments, by the Mutual Funds. These instruments have different periods of maturity and different coupon rates (interest earned from investment). As an example, Liquid Funds are a category of Debt Mutual Funds which are suitable for parking money for short term (more like a savings bank A/c) like a month or 2. Like...
Term Deposit
A term deposit is a fixed-term or tenure or maturity period deposit held at a financial institution. Typical examples include 90 days, 6 Months and 1-year Fixed Deposit in a bank. There is usually a penalty attached to the deposit for premature withdrawal and also a differential interest rate for Senior Citizens PenguWIN attempts to decode Financial Jargons <Term Deposit>
Gross Domestic Product or GDP
Gross Domestic Product or GDP is the monetary value of all goods and services produced within a country in a specific period of time, typically a quarter/year. GDP is one of the primary indicators used to gauge the health of a country’s economy. A significant change in GDP, usually has a significant effect on the stock market. Real GDP refers to economic output adjusted for Inflation while Nominal GDP is not inflation adjusted. India’s GDP in...