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Index Funds are generally invested in the portfolio of a particular index such as the BSE Sensitive index, S&P NSE 50 index (Nifty), etc These schemes invest in the securities in the same weightage comprising of an index. NAVs of such schemes would rise or fall in accordance with the rise or fall in the […]
The aim of income funds is to provide regular and steady income to investors. Although the returns under these schemes are relatively lesser than growth as such schemes generally invest in fixed income securities like bonds, corporate debentures, Government securities and money market instruments. These types of funds are less risky compared to equity schemes. […]
The basic aim of growth funds in equity scheme is to provide capital appreciation over the medium to long- term. Such schemes normally invest a major part of their corpus in equities in stock markets. Being invested in equities such funds have comparatively high risks. These schemes provide different options to the investors like dividend […]
A close-ended fund or scheme has a stipulated maturity period e.g. 5-7 years. The fund is open for subscription only during a specified period at the time of launch of the scheme. Investors can invest in the scheme at the time of the initial public issue and thereafter they can buy or sell the units […]
An open-ended fund or scheme is one that is available for subscription and repurchase on a continuous basis. These schemes do not have a fixed maturity period. Investors can conveniently buy and sell units at Net Asset Value (NAV) related prices which are declared on a daily basis. Mutual funds under open-end schemes can be […]
Requests received from NRIs can be considered if student is Indian passport holder and they meet other eligibility requirements. However, it would be necessary to accept as security any collateral which is enforceable in India.
The Indian Nursing Council gives permission to Nursing colleges to start new courses for a period of 1 year which is renewed on a yearly basis. The practice of renewing the permission is done on a year-to-year basis for both the existing nursing colleges as well as the new nursing colleges. Banks could consider applications […]
Need based finance to meet the expenses worked out as per eligible expenses referred above will be considered taking in to account margins as per Sl no 5 mentioned below subject to the following ceilings: -Studies in India -Maximum upto 10 lakhs. -Studies Abroad -Maximum upto 20 lakhs. Note: The ceilings fixed for studies in […]
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