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
DIFFERENCE BETWEEN THE DEPRICIATION AND IMPOSEMENT? DIFFERENCE BETWEEN THE CAPITAL LEASE AND FINANCE LEASE?
sir i am working consruction company.we have 4 projects in varrious places.i enter attendance in payroll by project wise.if enter autofill salaries combained all projects.i want individual salaries base on attendance feeding method.because staff are changing in one project to another project offenly.please explain method
does MIS reports are used in Tally n Focus software? if yes how it is used in focus software? for AR n AP
my qustion is what is H foam and where use
If its is declared by auditor that business is not going concern that what journal entry will be pass?
What exactly balance sheet depicts
Suppose the production is more and sales less then what will happen
what are responsibilities of an accountant in a company?
What is the Branch Accountant Responsbilities ?
Distinguish capital and Revenue receipts
What is deffered income
commisiion recieved journal entry and receipt required
Expand-------ANC
please tell me questions asked in NICMAR for the post of accounts executive
who is the pramotar?