Swavalamban Yojana: Pension scheme for all citizens in the unorganized sector
The Swavalamban Yojana is a low cost version of new pension scheme (NPS). In essence, the scheme is designed with an intention to secure the future of financially weaker section of the society. The scheme is now a part of Jan Dhan Yojana. Benefits from Swavalamban Yojana: Under the scheme Swavalamban Yojana, Government will contribute…
Read article
What is the difference between Liquid fund and Ultra-Short Term Fund?
Liquid fund is a type of mutual fund akin to a savings bank account of a bank. The liquid fund does not have lock-in period, so the investor can enter and exit at any point of time from the scheme. The fund is suitable for those who like to park short term surplus money with…
What are the functions of a Mutual Funds organization?
The functions of Mutual Fund Organizations (MFO) can be described as (a) Collection of funds from public (b) Investment of funds collected from public in capital market (c) Proper management of investment portfolio as a trustee to the investor’s money. The investment made by the public/investors in the AMC under a scheme is divided into…
Read article