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When was Jordal Amfi created?
Jordal Amfi was created in 1952.
When was Sparta Amfi created?
Sparta Amfi was created in 1963.
When was Varden Amfi created?
Varden Amfi was created in 1992.
Who is the regulator of mutual fund?
amfi
What does AMFI stands for?
Association of Mutual Funds in India
The limit on maximum entry or exit load that a fund can charge is determined by the?
AMFI
Current nav of uti dividend yield fund?
Visit AMFi India.com. updated everyday at 8.00 PMorUTI website
The name Amphibians comes from the Greek word which means what?
From αμφι- (amfi-) meaning ''both'' and the root bios (Greek : βίος) meaning life. Something that lives in both (conditions, like water and land).
Who is the controlling authority for mutual funds?
The Securities and Exchanges Board of India SEBI and The Association of Mutual Funds in India (AMFI) control the Mutual Funds in India
What type of products does AMFI offer?
The Association of Mutual Funds in India provides support and professional development for those in the mutual fund industry. Some services provided include recommendation and promotion of best business practices.
What are Equity Linked Savings Schemes?
An ELSS is a kind of Mutual Fund and is similar to any diversified equity mutual fund in many ways. An ELSS gives a tax benefit and comes with a lock in period of 3 years. Investment avenues of an ELSS are a mix of various asset classes such as equity, debt, gold and real estate. Some advantages of ELSS are * The 3 year lock in period prevents withdrawals and thus allows your money to grow over a period of time. Long term investment in equities gives better returns than any other investment instrument. * It gives tax benefits (Up to 30% for people in the highest tax slab) * Gives the flexibility to invest small amounts through a Systematic Investment Plan (SIP) As an ELSS investor, your interests will be safeguarded by two separate market bodies. The Association of Mutual Funds in India (AMFI) and the Securities and Exchange Board of India (SEBI)
The Home Program Helps Low-Income Familes Establish A Better Living Environment?
In 1990, Congress established the Home program as a way to provide affordable housing to low-income families. The focus is on safe, modest, and affordable housing to those who fall below 79% of the Average Median Family Income (AMFI). Using the available funds, often in conjunction with local nonprofit groups, the participating state and local jurisdictions (“PJs”) are able to construct or remodel affordable housing units. This helps existing homeowners, new homebuyers, and renters establish a better living environment.The Low-Income RenterFinding a decent but affordable rental home can be complex, time consuming, and frustrating. It begins with an honest assessment of your current financial restrictions. This is where many low-income families fail to take into account alternative resources. They sometimes see a dead end where there is none. The Home program is designed to help take up the slack; it provides direct rental assistance to low-income people.Get a Share of The ResourcesThe Home program functions through block grants that are directly linked to the U.S. Department of Housing and Urban Development (HUD). Because HUD is not the actual owner of rental housing, confusion sometimes enters the picture. The renter must understand that HUD merely provides the funding to support various rental assistance programs. It works like this:•Privately owned subsidized housing - rather than providing the funds directly to the renter, the HUD funded Home program subsidizes apartment owners so that they can upgrade and maintain their buildings on a reduced out-of-pocket expense. The apartment owner passes this savings to the tenants in the form of lower rents.•Public Housing – the Home program helps create affordable apartments. The disabled, the elderly, and low-income families benefit from the process.•Housing Choice Voucher Program – this permits low-income renters to locate their own place. A HUD backed voucher is then used to pay the rent, or a part thereof.To understand more and to perhaps get a share of the resources, start by contacting your local Public Housing Agency.
