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Mutual Funds as Investments

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(Querist)
29 June 2010 What is Mutual Fund ivestment to be treated as? Current or Long Term? Or does it depends upon Management?
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jegannath G

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jegannath G (Expert)
29 June 2010 It depends on the holding of the mutual funds. If one is parking all the temporary surplus in Mutual Funds and earn Dividend , it will be treated as current investment and any funds which is kept based on the intention to gain / earn from the fluctuation will have to be treated as Investments (long term)
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
29 June 2010 Which the above can be termed as Management opinion also.
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