Essay on Mutual Funds in India! Mutual funds were first started in England during 19th century. These funds could not succeed due to highly speculative nature. Mutual funds started in USA during 1900 but they picked up only after 1924 when a number of such funds were started. After World War II mutual funds expanded rapidly. In India first mutual [...]
This article throws light upon the top nine advantages of mutual fund. The advantages are: 1. Diversification 2. Expert Supervision and Management 3. Liquidity 4. Reduced Risk 5. Tax Advantage 6. Low Operating Costs 7. Flexibility 8. Higher Returns 9. Investor Protection. Advantage # 1. Diversification: A large number of investors have small savings with them. They can at the [...]
This article throws light upon the eight important SEBI rules and regulations in regard to underwriters. The rules and regulations are: 1. Registration 2. Code of Conduct 3. Agreement with Clients 4. General Responsibilities of an Underwriter 5. Proper Books of Accounts and Records, etc. 6. Appointment of Compliance Officer 7. Board's Right to Inspect 8. Liability in Case of [...]