A mutual fund company is an investment company that receives money from investors for the sole purpose to invest in stocks, bonds, and other securities for the benefit of the investors. A mutual fund is the portfolio of stocks, bonds, or other securities that generate profits for the investor, or shareholder of the mutual fund. A mutual fund allows an investor with less money to diversify his holdings for greater safety and to benefit from the expertise of professional fund managers. Mutual funds are generally safer, but less profitable, than stocks, and riskier, but more profitable than bonds or bank accounts, although its profit-risk profile can vary widely, depending on the fund's investment objective.Most mutual funds are open-end funds, which sells new shares continuously or buys them back from the shareholder (redeems them), dealing directly with the investor (no-load funds) or through broker-dealers, who receive the sales load of a buy or sell order.The purchase price is the net asset value (NAV) at the end of the trading day, which is the total assets of the fund minus its liabilities divided by the number of shares outstanding for that day
Station Workshop EME Recruitment 2017: Commanding Officer, Station Workshop EME, Lucknow has released a recruitment notification for filling up vacant posts of Mate and Multi Tasking Staff (MTS). Eligible candidates can apply in prescribed application form on or before 30.06.2017 and on or before 05.07.2017 for remote areas. Other details like educational qualification, age limit, selection process & how to apply are given below.
Total No. of Posts: 07
Name of the Post:
1. Mate: 04 Posts
2. MTS (Chowkidar): 02 Posts
3. MTS (Safaiwala): 01 Post
Qualification: Matriculation (10th) Passed.
Age Limit:
For General: Born not earlier than 01.07.1992 and not later than 30.06.1999 (both dates inclusive).For OBC: Born not earlier than 01.07.1989 and not later than 30.06.1999 (both dates inclusive).For SC: Born not earlier than 01.07.1987 and not later than 30.06.1999 (both dates inclusive)
Important Dates:
Start Date to Apply: 10.06.2017
Last Date to Apply: 30.06.2017
Last Date to Apply for Remote Areas: 05.07.2017
0 comments