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Money Market Instruments in India

Money Market Instruments in India RBI allowed the issue of CPs in 1989. The CP is a short-term negotiable instrument, consisting of usance primary notes with a fixed maturity, indicating the short-term obligation of an issuer. Companies as a means of raising the short-term debt issue it. It is issued at a discount to face value basis but can also be issued in interest-bearing form. The issuer prom...

Scheme offered by the Mutual Funds in India

Open-Ended Vs. Close-Ended Schemes An open-ended scheme is a scheme. in which an investor can buy and sell it is on daily basis: the scheme has a perpetual existence and a flexible, ever-changing corpus. The investors are free to buy and sell any number of units, any point of time, at prices that are linked to the NAV of the units. In these schemes, the investor can invest or dis invest any amount...

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