As per SEBI regulations ,mutual funds can declare their assets under management after each quarter ending March,June,Sept & December. Mutual funds have recently declared their Assets for the Quarter ending March 2013. Assets of different mutual funds : Sr.No Mutual Fund Name Asset As On Dec 31, 2012Rs.Crore Asset As On March 31,2013Rs.Crore % Change…
Summary Of Key Mutual Fund Updates In The Financial Year 2012-2013:
Today we will summarize key important mutual fund updates in the financial year 2012-2013.Financial year 2012-2013 was important for mutual funds as number of regulations hit mutual funds in the year & today we will summarize the same. Uniform KYC:Uniform KYC for stocks mutual funds through CVLKRA was introduced in the last financial year.It was…
What Are Gilt Funds
Gilt Funds:Gilts funds invests in the securities offered by Central Govts of different maturities & those offered by State Govt. As Gilt funds invests in Govt securities,investment can be called as free from credit risk & there is no chance of default. Where do Gilt Funds Invest: Govt Of India Securities. State Govt securities. Treasury…