what is mutualfunds?

Answer Posted / tarun singh

"The Securities Exchange Board of India regulation 1993
defines a mutual fund as a fund established in the form of
a trust by a sponsor to raise monies by the trustees for
the sale of units to the public under one or more schemes
for raising in securities in accordance with this
regulation."

Is This Answer Correct ?    1 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

While we are bringing our machinery items to factory through a vehicle from other state to Andhra pradesh, is this correct to send our own state way bill along with the other state way bill.

1402


Dear All, myself B.k Singh graduate with B.Com and PGDBM - Finance, I was worked with Service Company for 6 yrs.Now past 2yrs working with Real Estate,moreover I want to some course short term, plz guide me.

1593


How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu.

1731


What are the accounting conventions and Practices?

1728


Explain Cash Basis of accounting

1570






do we have to learn all the shortcutkeys in tally.i am from non commerce background ,where should i start from.

1539


differences between liabilities and assessts

3412


i am a mba fresher and i'm learning oracle finance.please give me ur valueble suggetions about my career in oracle finance? what r the requirements 2 get a good job in time?

1737


hi this is sharath,from hassan ,karnataka.,., i am caled for t interv on 28th may 2009, 12 noon, at foll location.,. STATE BANK OF MYSORE STAFF TRAINING CENTRE 104/105 7TH MAIN ROAD JAYALAKSHMIPURAM MYSORE-570012. anybody who is also attendin the same interview please reply me .,.,. i am in my final yr BE EnC,MCE hassan, i wold like to know more about the interview .,., please do reply.,.,. yours friendly, sharath kumar, sharath.syss@gmail.com

1682


why you choose accounting as your career ? ?

1341


What is Mean By FRS for HQ reporting, How To Prepare?

1618


what is controlership?

1869


How can I find out my credit rating score for free?

1597


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

1632


What is the complete role of a Process executive in Accounts Payable Process ? Please anyone who is an expert in the process answer my question. A reply would help me a lot.

691