Funds
What is folio?
Your account number with a particular fund house.
Explained in more detail
A folio groups all your investments with one AMC. You can hold several schemes from the same fund house under a single folio, which keeps statements and nomination details together.
An example
For instanceBuying two SBI schemes may place both under one SBI folio.
Why this matters to you
You will meet this word in broker apps, company results and market news. Knowing what it means is not the goal on its own. The goal is being able to judge whether a number is good or bad for the investment you are actually holding.
On AlphaVik, any time folio appears in a view or a lesson, you can hover or tap the word and this explanation comes with it. You never have to leave the page to look something up.