Mutual Funds & AIF
Mutual Funds (MF)
A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. The money thus collected is then invested in capital market instruments such as shares, debentures and other securities. A mutual fund scheme can be classified into open-ended scheme or close-ended scheme depending on its maturity period. Mutual Funds in India are governed by the SEBI (Mutual Fund) Regulations 1996 as amended from time to time. SEBI registered mutual funds are listed and available for trading in the capital market segment of the Exchange. The list of such units listed on the Exchange and available for trading as on date is available at the following URL : www.nseindia.com .
Alternative Investment Fund (AIF)
The Alternative Investment Fund is a privately pooled investment vehicle which shall raise funds from any investor whether Indian, foreign or non-resident Indian, by issue of units.
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