Company Profile
Glossary
 
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

[ F ]

Face value
The value printed on the face of a stock, bond or other financial instrument or document.

FCNR
A Fully Convertible Non-Rupee account that can be opened for funds coming in from abroad or from local funds. The funds in the account are held in a foreign currency.

Fixed assets
A long-term asset that will not be converted to cash within a year such as a house or a plot of land.

Fixed deposit
An investment instrument where you invest a fixed amount of money for a fixed period of time at a fixed rate of interest.

Fixed income securities
A security that pays a certain rate of return but does not offer an investor much potential for growth. This usually refers to government, corporate or municipal bonds, which pay a fixed rate of interest until the bonds mature, or preferred stock, which pays a fixed dividend. A mutual fund investing in these types of securities may also be referred to as a fixed-income investment or security.

Fixed rate
A loan in which the interest rates do not change during the entire term of the loan.

Floating rate
An interest rate which is periodically adjusted, usually based on a standard market rate outside the control of the institution. These rates often have a specified floor and ceiling, which limit the floating rate. The opposite of having a floating rate is having a fixed rate.

Floor
A lower limit for a price, interest rate, or other numerical factor. The price at which a stop order is activated (an order to buy or sell at the market when a definite price is reached either above (for a buy) or below (for a sell) the price that prevailed when the order was given). Also the area of a stock exchange where active trading occurs.

Front-end load
A one- time charge that investors pay at the time they buy fund units.

Fund manager
The person responsible for deciding which securities are to be part of the mutual fund’s portfolio.

Fund of Funds (FOF)
A fund that invests in other mutual funds, unlike a normal fund which invests in equity and fixed income securities.

[ F ]                                                                           

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Your use of this site means you agree to our Terms & Conditions
All investments in mutual funds carry certain risks.
Click here for Scheme Objectives & Risk factors | Disclaimer
Franklin Footer
Copyright © 2012. Franklin Templeton Investments. All rights reserved.