Charitable trust-mutual funds investments
This query is : Resolved
21 December 2014
Which Mutual Funds can a Charitable Trust invest in?
It is my understanding that each mutual fund scheme needs to be approved by the charity commissioner for the same. Does anyone have the complete list of approved funds? Any other important information about the same?
Thanks in advance.
It is my understanding that each mutual fund scheme needs to be approved by the charity commissioner for the same. Does anyone have the complete list of approved funds? Any other important information about the same?
Thanks in advance.
21 December 2014
Can invest in any MFs notified under section 10 (23D). Alas I do not have full list of such MFs. You could check out this link :
https://www.incometaxindia.gov.in/Pages/utilities/Notified-Mutual-Fund.aspx
https://www.incometaxindia.gov.in/Pages/utilities/Notified-Mutual-Fund.aspx
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