Mutual Funds as Investments
This query is : Resolved
Chaitanya Kukalyekar
(Querist)
29 June 2010
What is Mutual Fund ivestment to be treated as? Current or Long Term? Or does it depends upon Management?
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)
Aditya Maheshwari
(Expert)
29 June 2010
Which the above can be termed as Management opinion also.
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