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Sebi & Mutual Funds

Date post: 22-Jan-2015
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SEBI & MUTUAL FUNDS MBA-FA (SEM I) INDIAN FINANCIAL SYSTEM
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  • 1. SEBI & MUTUAL FUNDS
    INDIAN FINANCIAL SYSTEM
    MBA-FA (SEM I)

2. INTRODUCTION
Mutual fund is a financial intermediary that pools the savings of investors for collective investment in a diversified portfolio of securities.
As per SEBI Regulations,1996,Mutual Funds can be defined as a fund established in form of a trust to raise money through the sale of units to public or a section of public under one or more schemes for investing in securities, including money market instruments.
3. FURTHER..

  • The definition has been further extended by allowing mutual funds to diversify their activities in the following areas.

4. Portfolio Management services 5. Management of offshore services 6. Providing advice to offshore funds 7. Management of pension or provident funds 8. Management of venture capital funds 9. Management of money market funds


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