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Are the companies having names like mutual benefit the same as mutual funds schemes?

April 26, 2017benefit companies Mutual funds names Schemes

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Are the companies having names like mutual benefit the same as mutual funds schemes?

3 Answers

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Investors should not assume some companies having the name “mutual benefit” as mutual funds. These companies do not come under the purview of SEBI. On the other hand, mutual funds can mobilise funds from the investors by launching schemes only after getting registered with SEBI as mutual funds.

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Investors should not assume some companies having the name “mutual benefit” as mutual funds. These companies do not come under the purview of SEBI.

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No, because these companies do not come under the purview of SEBI .On the other hand, mutual funds can mobilize funds from the investors by launching schemes only after getting registered with SEBI as mutual funds.