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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.
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Join Our Whatsapp Group :Click HerePost Name : Trade Apprentice, Technician Apprentice
Total Post : 139
Last Date : 2nd September 2017
Fees : Read To Detailed Advertisement
ISRO Propulsion Complex has issued a notice to invites applications against 139 Vacancies of Trade Apprentice, Technician ApprenticePosts.Candidates with the required eligibility criteria are invited hereby for filling and submitting the application form through offline mode closing date 2nd September 2017
More details related to the IPRCL Recruitment 2017 such as education required, age limits, selection
process, how to apply are given below…
IPRCL Recruitment 2017 Details
Name Of the Organisation: ISRO Propulsion Complex
Post Name : Trade Apprentice, Technician Apprentice
Number of Posts: 139
Post and Vacancies Details:
TRADE APPRENTICE
1. Fitter – 15
2. Welder – 08
3. Electrician – 08
4. Turner – 02
5. Machinist – 02
6. Draughtsman (Mechanic) – 02
7. Draughtsman (Civil) – 07
8. Electronic Mechanic OR Mechanic(Radio & Television) – 04
9. Instrument Mechanic – 02
10. Ref. & AC Mechanic – 01
11. Mechanic Diesel – 08
12. Carpenter – 02
13. Instrument Mechanic (Chemical Plant) – 01
14. Programming and System Administrative Assistant (PASAA) OR Computer Operator and Programming Assistant (COPA) – 18
TECHNICIAN APPRENTICE
15. Mechanical – 13
16. Electrical – 07
17. Electronics – 12
18. Chemical – 05
19. Civil – 07
20. Commercial Practice – 15
Essential Qualification Required:
Job applicants, who are applying for above said posts must have completed 10th / ITI / Diploma from a recognized Board / University / Institute.
Age Limitations:
Appliers’s maximum age limits should not be above 35 Years (Post 1-19), 26 Years 26 (Post 20) As On 02-09-2017.
Relaxation in age will be decided as per norms & orders issued by government.
Salary Details:
Selected Candidates will receive salary of Rs. 7200/- (Post 1,3-10), Rs. 6,400/- (Post 2,11,12,14), Rs. 3,542/- (Post 15-20) and other benefits as per IPRCL Policies Circulars.
Selection Procedure :
The selection of contestants who are participating under IPRCL Recruitment 2017 shall be through the Merit List.
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.iprc.gov.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 2nd September 2017
Address For Communication:
ISRO Propulsion Complex (IPRC), Mahendragiri, Tirunelveli District, Tamil Nadu
Significant Date to Keep in Mind:
Last Date for Receiving Hard Copy of Application Form Is : 02-09-2017.
Official Website : www.iprc.gov.in
Click Here For Official Notification
Click Here For Application Form