Between 50,000 and 100,000 pounds
Your town, city, or county would have to decide that was a need and fund the project.
It depends on what type of funds you hold. If it is an open ended fund you can sell it anytime you want. If it is a close ended fund (with a lock-in period) you need to wait until the scheduled end date and then only sell the fund. Even in case of open ended funds, redeeming/selling the funds during the 1st year usually carries a penalty of around 1%. The actual penalty varies from fund to fund and from country to country.
Often referred to as the mutual fund industry, the open-end fund industry comprises about 95 percent of the mutual fund market
HOW MUCH DO I NEED TO OPEN AND ONLINE ACCOUNT
you need atleast $100,000 to open 1
The first American open-end mutual fund, Massachusetts Investors Trust, was started in 1924
No
If it is an open ended mutual fund - Yes, you can draw the funds
An individual cannot open a PF Account. Only his employer can open it on his/her behalf. If you want a pf account, you need to join a job where the employer provides PF benefits
The Massachusetts Investors Trust was the first American open-end mutual fund
The first American open-end mutual fund, Massachusetts Investors Trust, was started in 1924
It depends on the type of mutual fund you want to invest and also the fund house in which you want to invest your money. In majority of the cases the minimum amounts are as follows: a. One time Investment - Open ended Mutual Fund - Rs. 1000/- and multiples of Rs. 500/- thereafter b. Systematic Investment - Open ended Mutual Fund - Rs. 500/- and multiples of Rs. 250/- thereafter c. One time investment - Close ended Mutual Fund - Rs. 5000/- and multiples of Rs. 1000/- thereafter These numbers are approximate and may vary from fund house to fund house.