29 Jul
Posted by as Mutual Funds
LIC MF AMC will be renamed as ‘LIC NOMURA Mutual Fund Asset Management Company Limited’ and the Trustee Company will be renamed as ‘LIC NOMURA Mutual Fund Trustee Company Private Limited’. Further, the names of each of the schemes of …
Structure of Mutual Funds : In India, mutual funds function as trust created under the Indian Trust Act, 1882. There are three layers of mutual funds in India. Sponsors; Trustee and; Asset Management Company (AMC)
The Calvert Global Alternative Energy Fund, (CGAEX) is another example. This mutual fund company only invests in alternative energy companies, it was first launched in 2007 and is managed by the head of KBC Asset Management, Jens peers.