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.
SBI mutual fund
is an investment fund established under a trust deed whereby the trust sells units in the in the trust to investors.
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.
Unit Trust of India was created in 1963.
Unit trust of india
Unit Trust of India
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unit trust 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.
UTI stands for 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.
Mr U.K. Sinha is the Chairman and Managing Director of UTI AMC.
SBI mutual fund
The population of Wildlife Trust of India is 100.
Wildlife Trust of India was created in 1998.