A Mutual Fund is a trust that collects money from various individuals, families and companies, and pools the money together for the purpose of investing it. A Mutual Fund Scheme (For example UTI Opportunities) has a specific investment objective that it must adhere to.
For example UTI Opportunities is a fund that invests mainly in the shares of large Indian companies listed on the Bombay Stock Exchange or National stock Exchange. All Mutual Funds Companies in India have to be approved by SEBI and all their Schemes are launched with the full knowledge of SEBI. Further, all distributors of Mutual Funds, such as the owner of SphereGreen, have to be registered with the Association of Mutual Funds in India (AMFI).
To learn more you can access our e-book by clicking here (best in Chrome Browser)
For example UTI Opportunities is a fund that invests mainly in the shares of large Indian companies listed on the Bombay Stock Exchange or National stock Exchange. All Mutual Funds Companies in India have to be approved by SEBI and all their Schemes are launched with the full knowledge of SEBI. Further, all distributors of Mutual Funds, such as the owner of SphereGreen, have to be registered with the Association of Mutual Funds in India (AMFI).
To learn more you can access our e-book by clicking here (best in Chrome Browser)
Good information!
ReplyDelete