What do you mean by Mutual Funds ? Types

Answer Posted / lakshmi nrayana

Mutual funds are one type of investments to the investors,
who are not able to invest their amount directly into number
of business sectors.
Mutual funds are operated by the third parties or the
companies through the investors investment.
we have different types of funds in the market like,
1.open-ended funds,means having the facility to withdraw our
investment at any time.
2.closed ended funds means, must keep our investment in that
fund for a period.
3.no load funds

Is This Answer Correct ?    92 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Expand-------NBTA

1660


Name some errors which can be detected by Trial Balance

1687


Short answer on Allowances

1502


1.What are the basic accounting Standards ?? 2.What is the main importance of Bank Reconcilation Statement? 3. What is Form 407 in Vat ??

1640


what is sales life cycle???

1521






Short answer on Amalgamation

1480


what is transposition-cum-demat?

2058


where we use the convetion of conservatisam in real life??

1578


Hai i am mathi Preparing for bsrb clerical examinations.If anybody had that please mail me at mathiy@rediffmail.com

1585


Can anyone plz. tell me where can i get the proforma application for DAO.I have tried all the links but i couldn't find any application proforma in the notifications.

1497


What is DRA in bank reconciliation.

1490


if we have credit 50 % rg23c part ii first and not credit next balance 50 % .when we have do?

1415


Erection and Instalation charges of Rs 7500 to Lift was debited to repairs and maintenance account. Rectify it

1837


how a fund flow statement benefit the individual, corporate?

1645


Short answer on _______Amendment

1494