Llp object
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 March 2012
Pls give me objects of LLP having Portoflio Mangement business???????
11 March 2012
Hi
If i am not wrong, then portfolio management is covered under NBFC. Please suggest....
If i am not wrong, then portfolio management is covered under NBFC. Please suggest....
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 March 2012
No, Portfolio management is business of investing in Shares on behalf of clients, while NBFC invest as per his own terms/
31 March 2012
Portfolio management business is done by the authorised companies and they take deposit from the clients and purchase and sales of shares as the portfolio mangers deem fit and proper without any liability on their head. There are many companies like Kotak, ICICI but generally in portfolio manged by these companies in my knowledge no one has made any profit. The income generated is business income of the investor.
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