0
What else can I help you with?
Definition and function of unit trust?
is an investment fund established under a trust deed whereby the trust sells units in the in the trust to investors.
What is the fullform of the UTI Bank?
Unit trust of india
Difference between unit trust and mutual fund?
The major difference between a Unit Trust and a mutual fund is that a mutual fund is actively managed, while a unit investment trust is not managed at all. Capital gains, interest and dividend payments from the trust are passed on to shareholders at regular periods. If the trust is one that invests only in tax-free securities, then the income from the trust is also tax-free. A unit investment trust is generally considered a low-risk, low-return investment. Some investors prefer Unit Trusts to mutual funds because Unit Trusts typically incur lower annual operating expenses (since they are not buying and selling shares); however, Unit Trusts often have sales charges and entrance/exit fees. Mutual funds can be open ended or close ended. But unit trusts are open ended instruments.
Objectives of unit trust of India?
The Unit Trust of India has two main objectives. They are to encourage savings in middle and low income groups and to enable these groups to share in the industrial development of the country.
Functions of Unit Trust of India?
Some functions of the Unit Trust of India include granting loans and advances and provide banking and investment advice. They also buy, sell and deal in foreign exchange dealings.
What is the functioning unit of living things?
The cell is the basic functioning unit of living things.
When was Unit Trust of India created?
Unit Trust of India was created in 1963.
The basic functioning unit of the kidneys are?
The nephron.
What is the smallest functioning unit?
cell
What is the functioning unit of a muscle cell?
Sarcomere
Smallest functioning unit of the kidneys?
i dont knw
What is in an ecosystem?
An ecological community together with its environment, functioning as a unit.
What in an ecosystem?
An ecological community together with its environment, functioning as a unit.
What is an ecosystem?
An ecological community together with its environment, functioning as a unit.
What exactly is meant by Unit Trust?
Unit Trust is a type of collective investment found in countries such as Australia, Ireland, United Kingdom and parts of Africa. Unit Trust was first founded in the United Kingdom in 1931.
What is a Unit Investment Trust or UIT?
when two people unit with each other as one and belive in each other with trust and faith.
Explain barangay as a unit of society?
the barangay of a unit of society
