2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Stock Exchange board of India (SEBI)
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Financial analysis department
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Monitoring Mutual Fund Investments
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Credit Rate List department
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Detailed explanation-1: -Sebi allows investors to buy mutual funds via digital wallet.
Detailed explanation-2: -Detailed Solution. The upper limit to buy mutual funds through digital wallets by SEBI is Rs 50, 000 for investors. Securities and Exchange Board of India (SEBI) was established in 1988 and given statuary power in 1992. Its aim is to regulate the securities market in India.
Detailed explanation-3: -Following the Shariah principle, you can invest in stocks or mutual funds. However, it can be challenging to select Shariah-compliant stocks. In that case, investing in a Shariah based mutual fund can help. There are Shariah-compliant mutual funds available in India.
Detailed explanation-4: -Below, we share with you three Goldman Sachs mutual funds, namely Goldman Sachs Large Cap Growth Insights Fund GLCGX, Goldman Sachs U.S. Equity Dividend and Premium Fund GVIRX and Goldman Sachs International Equity ESG Fund GIRNX.