Answer Posted / laxman
A Mutual Fund is a trust that pools the savings of a number
of investors who share a common financial goal. The money
thus collected is then invested in capital market
instruments such as shares, debentures and other
securities. The income earned through these investments and
the capital appreciation realized are shared by its unit
holders in proportion to the number of units owned by them
Types of mutual funds
By Structure
Open-ended
Closed-ended
By investing objective
Equty schems
Debt or income schemes
Mony measurment schemes
Hybrid schemes
| Is This Answer Correct ? | 2 Yes | 2 No |
Post New Answer View All Answers
EXPAND___________NAA
Can you explain about the distinction of Book-Keeping and Accounting
What are different types of reports made in tally
What is Mean By FRS for HQ reporting, How To Prepare?
What is the Memorandum voucher?
Questions on Purchase Book & sales Book .Balance sheet , Purchase & Sales Return
What is account
Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe
Expand SCERT
what is the difference between speculation & investment?
what is the step in preparing the schedule of audit? can someone explain for me?
What is the difference between Deffered Tax Assets & Deffered Tax Liabilities
what is Contra Asset?
loss of pay for a employee when he is not having single leave bal. in his account that time what is the calculation 2) what exactly the days to be considered i.e. 26 days or 27 days i.e. to arrive at salary per day what exactly the days to be divid
I am Lavanya i have been selected in HR round in HP INVENT and i have Operation round as next round may i know what will they ask here and after this what is the next round?????