Interested to Buy Any Domain ? << Click Here >> for more details...
What is a Mutual Fund and its types?
- 1 Answers
- 3474 Views
- Mellon, I also Faced
- E-Mail Answers
Answer / shinder
A MUTUAL FUND is a financial service organisation that
receives money, invest the same, earns returns on it,
attempts to make it grow and agrees to pay the shareholder
cash on demand for the current value of his investment.
TYPES OF MUTUAL FUNDS
1. according to ownership (a) public sector mutual funds
(b) private sector mutual funds
2.according to portfolio
(a) income funds
(b) growth funds
(c) stock/equity funds
(d) bond funds
(e) specialised funds
(f) leverage funds
3. according to location
(a) domestic funds (b) off-shore(foreign) funds
| Is This Answer Correct ? | 2 Yes | 0 No |
Expand---------MDTR
what is the document spliting?
why should we are preparing BRS
what is the definition of direct expenses?
Expand---------NMOP
who issues the indian accunting stANDARD
how to calculate basic in provident fund under salaries?
How should you treat money donated to improve a building, which is a permanent endowment?
i want more question for account for infoys inteview please send me fast
what is the procedure for issuing th C form
Expand------ARN
what is the defination of unit costing and process costing?
Audit 
