T

• • Transfer Agent
  • A Transfer agent is a third-party financial institution that is appointed by a mutual fund to act as the shareholder recordkeeping provider maintain the stockholder ledger and process any changes to it.
• • Turnover Ratio
  • Turnover ratio refers to how often the underlying assets in a specific fund are bought and sold.
• • Total Return Index
  • The Total return index calculates the index value based on capital gains and cash payments such as dividends and interest.
• • Tax Efficiency
  • Tax efficiency is the strategy that an individual or business implements to pay the least amount of taxes required by law.
• • Target-Date Fund
  • Target-date funds are a mutual fund that periodically rebalances asset class weights to maximize the investor’s returns by a specific date.
• • Treasury Bill
  • Treasury bill is a money market instrument issued by the government that guarantees future repayment.
• • Total Expense Ratio
  • The Total expense ratio indicates the total cost of a mutual fund scheme to an investor.
• • Total Net Asset
  • Total net asset refers to the total assets of the company minus its liabilities.
• • Target Risk Fund
  • A Target risk fund is a mutual fund that invests in a diversified portfolio of assets with a specific risk profile.
• • Tax Saving Fund
  • Tax saving fund is an equity mutual fund that invests a significant portion of its corpus into equities with the added advantage of saving tax.
• • Tracking Error
  • Tracking error is the difference between a scheme’s return and the benchmark index.
• • Total Return
  • Total return represents all the returns on an investment over a given evaluation period.
• • Trade
  • Trade refers to the act of buying and selling goods and services either in the domestic market or international market.
• • Trade Date
  • Trade date is the day an investor executes the order in the market.
• • Trustee
  • Trustee is a person or a firm who takes responsibility for managing funds or assets for the benefit of a third party.