Thursday, September 27, 2012

Mutual Funds and FIIs

Mutual fund is financial intermediary that mops up money, from a collection of investors, to invest and open mutual funds issue shares. Closed-finished fund is a collective investment scheme issued by a fund. Only a fixed number of shares are issued in an initial public offering.The total value of all the securities in the fund divided by the number of shares in the fund is called the net asset value. More information: read more about

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