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What is the fullform of the UTI Bank?
Unit trust of india
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.
Which was the first public sector mutual fund to set up after the Unit Trust Of India?
SBI mutual fund
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.
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.
When was Unit Trust of India created?
Unit Trust of India was created in 1963.
What is the fullform of the UTI Bank?
Unit trust of india
What is full form the uti?
Unit Trust of India
What is the objective of unit trust of India?
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What is the full form of uti bank?
unit trust india
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.
Full form uti bank?
UTI stands for Unit Trust of India
Function of Unit Trust of India?
Unit Trust of India is a mutual fund. Its objective will vary depending on the scheme. Broader objectives is to float investment schemes for the benefit of the investors of different risk profile.
The present Chairman of Unit Trust of India is?
Mr U.K. Sinha is the Chairman and Managing Director of UTI AMC.
Which was the first public sector mutual fund to set up after the Unit Trust Of India?
SBI mutual fund
What is the population of Wildlife Trust of India?
The population of Wildlife Trust of India is 100.
When was Wildlife Trust of India created?
Wildlife Trust of India was created in 1998.
