Finance Glossary
Every confusing money word, explained like a friend would. No textbook definitions.
SIP (Systematic Investment Plan)
Investing a fixed amount into a mutual fund automatically, every month.
NAV (Net Asset Value)
The per-unit price of one unit of a mutual fund.
Expense Ratio
The annual fee a mutual fund charges to manage your money.
Mutual Fund
A pool of money from many investors, managed across many assets.
Inflation
The rate at which prices rise and money loses buying power.
CAGR (Compound Annual Growth Rate)
The smoothed-out yearly growth rate of an investment.