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Asked By: david |

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Mutual fund schemes may be classified on the basis of their structure and their investment objective

By Structure- there are two types

Open-ended Funds -An Open-ended Fund is one that is available for subscription all through the year. These do not have a fixed maturity. Investors can conveniently buy and sell units at Net Asset Value (NAV) related prices.

Close-ended Funds -A Close-ended Fund has a stipulated maturity period, which generally ranges from 3 to 15 years. The fund is open for subscription only during a specified period. Investors can invest in the scheme at the time of the initial public issue and thereafter they can buy or sell the units of the scheme on the Stock Exchanges, if they are listed. The market price at the stock exchange could vary from the scheme's NAV on account of demand and supply situation, unit holders' expectations and other market factors.

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Friday, September 28, 2007

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structured, investment, mutual fund, Open-ended Funds, Close-ended Funds, NAV, maturity period, Investors

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Comments (2) :

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s,RAJ SHE KHEAR

Saturday, June 07, 2008 6:50 AM

WHET ARE BIFFOJHHYU BVGF HYERDGHU HU JGFRAW

2.

s,RAJ SHE KHEAR

Saturday, June 07, 2008 6:42 AM

CIOSE-ENBEBFUNSB -A CIOSE FUNU HSA A STPULATEBMATURITY

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Asked By: metallisoft |

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Structured Query Language. The standardized relational database language for defining database objects and manipulating data.

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Tuesday, May 13, 2008

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J2EE

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Systems Engineer

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What is SOAP ?

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Asked By: metallisoft |

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Simple Object Access Protocol. A lightweight protocol intended for exchanging structured information in a decentralized, distributed environment. It defines, using XML technologies, an extensible messaging framework containing a message construct that can be exchanged over a variety of underlying protocols.

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Tuesday, May 13, 2008

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J2EE

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Systems Engineer

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What is OASIS ?

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Asked By: priore |

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Organization for the Advancement of Structured Information Standards. A consortium that drives the development, convergence, and adoption of e-business standards. Its Web site is http://www.oasis-open.org/. The DTD repository it sponsors is at http://www.XML.org.

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Tuesday, May 13, 2008

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J2EE

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Systems Engineer

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How do you communicate with an RDBMS?

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Asked By: mariann |

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You communicate with an RDBMS using Structured Query Language (SQL)

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Tuesday, May 13, 2008

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RDBMS, Database, Data Warehousing

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Database Engineer

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What is Java API for XML Processing (JAXP) ?

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Asked By: pyash |

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An API for processing XML documents. JAXP leverages the parser standards SAX and DOM so that you can choose to parse your data as a stream of events or to build a tree-structured representation of it. JAXP supports the XSLT standard, giving you control over the presentation of the data and enabling you to convert the data to other XML documents or to other formats, such as HTML. JAXP provides namespace support, allowing you to work with schema that might otherwise have naming conflicts.

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Tuesday, May 13, 2008

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J2EE

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Systems Engineer