CHAPTER NINTEEN

Mutual Funds, Securities Trading, Universal Banking and Credit Rating

CHEPTER STRUCTURE

Section I Mutual Funds

Section II Trading in Securities/Shares

Section III Universal Banking

Section IV Credit Rating Services

KEY TAKEAWAYS FROM THE CHAPTER
  • Understand the basics of financial services, such as mutual funds, bancassurance, securities trading.
  • Learn the mechanism of universal banking.
  • Understand the trends and progress of financial services sector.
SECTION I
MUTUAL FUNDS

Amutual fund is a trust that pools the savings of a number of investors who share a common financial goal. The money, thus, collected is then invested in capital market instruments, such as shares, debentures and other securities. The income earned through ...

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