Join Our Telegram Group To Get Latest Updates :Click Here
A mutual fund is an investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. Mutual funds are operated by money managers, who invest the fund's capital and attempt to produce capital gains and income for the fund's investors. A mutual fund's portfolio is structured and maintained to match the investment.No matter what type of investor you are, there is bound to be a mutual fund that fits your taste.It's important to understand that each mutual fund has different risk and reward profiles. In general, the higher the potential return, the higher the risk of potential loss. Although some funds are less risky than others, all funds have some level of risk – it's never possible to diversify away all risk – even with so-called money market funds. This is a fact for all investments. Each mutual fund has a predetermined investment objective that tailors the fund's assets, regions of investments and investment strategies.At the most basic level, there are three flavors of mutual funds: those that invest in stocks (equity funds), those that invest in bonds (fixed-income funds), those that invest in both stocks and bonds (balanced funds), and those that seek the risk-free rate (money market funds). Most mutual funds are variations on the theme of these three asset classes.Let's go over some of the many different flavors of funds. We'll start with the safest and then work through to the more risky. average certificate of deposit (CD). While money market funds invest in ultra-safe assets, during the 2008 financial crisis, some money market funds did experience losses after the share price of these funds, typically pegged at $1, fell below that level and broke the buck. Income funds are named for their purpose: to provide current income on a steady basis. These funds invest primarily in government and high-quality corporate debt, holding these bonds until maturity in order to provide interest streams. While fund holdings may appreciate in value, the primary objective of these funds is to provide a steady cash flow to investors. As such, the audience for these funds consists of conservative investors and retirees. Because they produce regular income, tax conscious investors may want to avoid these funds Very Useful For Mutual Funds.
Motor Insurance Quotes
Join Our Whatsapp Group :Click Here
Bharatiya Reserve Bank Note Mudran Private Limited has issued a notice to invites applications against 05 Vacancies of Assistant Manager Posts.Candidates with the required eligibility criteria are invited hereby for filling and submitting the application form through offline mode before the closing date 8th September 2017
More details related to the BRBNMPL Recruitment 2017 such as education required, age limits, sel
ection process, how to apply are given below…
BRBNMPL Recruitment 2017 Details
Name Of the Organisation: Bharatiya Reserve Bank Note Mudran Private Limited
Post Name : Assistant Manager
Number of Posts: 05
Post and Vacancies Details:
1. Assistant Manager – 05
Essential Qualification Required:
Job applicants, who are applying for above said posts must have completed Chartered Accountant / Engineering Degree from a recognized Board / University / Institute.
Application Fee:
Examination Fee for Candidates belonging to the All Other category : Rs. 300/-.
Application Fee is exempted for SC/ST/PH Candidates.
Age Limitations:
Appliers’s maximum age limits should not be above 31 years as on 01-08-2017.
Relaxation in age will be decided as per norms & orders issued by government.
Salary Details:
Selected Candidates will receive salary of Rs. 58344/- and other benefits as per BRBNMPL Policies Circulars.
Selection Procedure :
The selection of contestants who are participating under BRBNMPL Recruitment 2017 shall be through the Personal Interview.
How to Apply:
Eligible contestants who fulfill the all term and conditions of eligibility must read all the instructions and information given on the notification cautiously and download the application format from official website of organization i.e. www.brbnmpl.co.in.
Now, fill the downloaded application form with essential and appropriate information such as candidate’s name, Name of post, father’s name, contact number, qualification, experience, age, date of birth, etc. and paste your recent pass port size photograph and Attach photo copies of all the necessary documents or testimonials like qualification, experience, address proof, caste, proof of age certificate etc.
Lastly, candidates are required to send the application form and supporting documents in a sealed envelope at the address given below on or before 8th September 2017
Address For Communication:
The Director (Finance & Administration), BHARATIYA RESERVE BANK NOTE MUDRAN PRIVATE LIMITED, Corporate Office, No. 3 & 4, 1st Stage, 1st Phase, BTM Layout, Bannerghatta Road, Bengaluru – 560 029
Significant Date to Keep in Mind:
Deadline to Submit the Application Is : 08-09-2017.
Deadline to Submit the Application Is (Remote areas / Flung Areas) : 15-09-2017.
Official Website : www.brbnmpl.co.in
Click Here For Official Notification