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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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Madhya Pradesh State Disaster Management Authority has issued a notice to invites applications against 28 Vacancies of Stenographer, Assistant, Computer OperatorPosts.Candidates with the required eligibility criteria filling and submitting the application form through offline mode for the current openings on or before the closing date Within 30 Days
More details related to the MPSDMA Recruitment 2017 such as education required, age limits, selection process, how to apply etc are given below.
MPSDMA Recruitment 2017 Details
Name Of the Organisation: Madhya Pradesh State Disaster Management Authority
Post Name : Stenographer, Assistant, Computer Operator
Number of Posts: 28
Post and Vacancies Details:
1. Deputy Operator – 02
2. Training Specialist – 01
3. Assistant operator – 07
4. Stenographer – 01
5. Office Assistant-cum Computer Operator – 08
6. Driver – 01
7. Peon – 08
Essential Qualification Required:
Job applicants, who are applying for above said posts must have completed 8th / 10th / 12th / Graduation Degree / Post Graduation Degree from a recognized Board / University / Institute.
Application Fee for MPSDMA Recruitment
Examination Fee for Candidates belonging to the all category : Rs. 150/-.
Age Limitations:
Appliers’s maximum age limits should not be above 55 Years.
Relaxation in age will be decided as per norms & orders issued by government.
Salary Details:
Selected Candidates will receive salary of Rs. 15,600 – 39,100/- plus Grade Pay of Rs. 6600/5400/-. (Post 1-3), Rs. 9300 – 34,800/- plus Grade Pay of 3600/-. (Post 4), Rs. 5200 – 20,200/- plus Grade Pay of 1900/-. (Post 5,6), Rs. 4440 – 7440/- plus Grade Pay of 1300/-. (Post 7) and other benefits as per MPSDMA Policies Circulars.
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.mpsdma.mp.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 Within 30 Days
Address For Communication:
Manager / Registered Post Office , MP State Disaster Management Authority, Environment Complex, E- 5 , Arera Colony, Bhopal- 462016
Significant Date :
Opening Date of Online Registration of Application Form Is : 28-08-2017.
Deadline for Receiving Hard Copy of Application Form Is : Within 30 Days.
Official Website : www.mpsdma.mp.gov.in
Check Here For Official Notification