Hello Everybody
how are you?
Can anyone tell me about Mutual Fund
and What is difference between Share and Mutual Fund?
And Where is show amount received from Mutual Funds in Balance Sheet?
CS Nitin Jaiswal
(Company Secretary)
(283 Points)
Replied 04 February 2011
Mutual Fund is a fund managed by an organisation in which it collect small investment frm household and invest it collectively on behalf of the investor.
In shares one invest in company directly but in MF indirectly through someone.
Vishu
(Accountant)
(54 Points)
Replied 04 February 2011
Under which head shows amount received from Mutual Funds in Balance Sheet
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