What does redemption price mean?
The redemption price is the price received on selling units of the open-ended scheme. If the fund does not levy an exit load, the redemption price will be the same as the NAV. The redemption price will be lower than the NAV in case the fund levies an exit load.
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What does repurchase price mean?
The repurchase price is the price at which a close-ended scheme repurchases its units. Repurchase can either be at NAV or can have an exit load.
What does Strike Price mean in options?
It is the price at which the underlying asset is agreed to be bought/sold at the expiry of the contract.
What is floor price?
The Floor Price is the price at/above which investors can place their orders. The sellers (often promoters) have to provide a floor price one (T-1 day) or two days (T-2 days) before the OFS start date. For the procedure to apply for an OFS, refer to ...
What are price bands?
The exchanges have set a price band for all securities. The price bands act as a limit beyond which the price is not allowed to move on a particular day and the exchanges will reject orders that are set outside the minimum and the maximum of the ...
What is the stop-loss trigger price?
Stop-loss orders are designed in such a way that the order remains inactive until the last traded price reaches the limit order price. The stop-loss trigger price enables the user to define at what price the stop loss order should get activated. Once ...