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Types of Mutual Funds
The objectives of a Mutual Fund are as follows:
Mutual Funds can be classified into the following three broad categories:
Portfolio Classification of Mutual Funds
Mutual Funds differ with reference to the type of instruments in which the money has been invested as per the requirements of the investors. These are specified Mutual Funds structured for feeding a particular investible purpose.
Reference Index Every FRN chooses its own reference index upon which the calculation of each successive new coupon is based. The most commonly used reference index is LIBOR. It
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give and explain the seven sources of finance
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