rj_darshan
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Definition:
SEBI (Mutual Fund) Regulations 1993 defines Mutual Fund as “a fund established in the form of a trust by a sponsor to raise money by the trustees through the sale of units to the public under one or more schemes for investing securities in accordance with these regulations”The rationale behind a mutual fund is that there a large number of investors who lack the time and or the skills to manage their money.
SEBI (Mutual Fund) Regulations 1993 defines Mutual Fund as “a fund established in the form of a trust by a sponsor to raise money by the trustees through the sale of units to the public under one or more schemes for investing securities in accordance with these regulations”The rationale behind a mutual fund is that there a large number of investors who lack the time and or the skills to manage their money.
