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Monday, February 3, 2020

BMC Junior Clerk Recruitment General merit List part-2

BMC Junior Clerk Recruitment General merit List part-2
Bhavnagar Municipal Corporation

RECRUITEMENT OF THE POST OF Junior Clerk (class-3)

 Advertisement No. BMC/201920/5

Marks of the Written Exam held on Dt.-15/12/2019, SUNDAY

Smaller capital outlay: Investors will require a large capital outlay to build a diversified portfolio of stocks. On the other hand, since mutual funds work on the basis of pooling of money, mutual fund investors can have the beneficial ownership of a diversified portfolio of stocks with a much smaller capital outlay. Investors can buy units of a diversified equity mutual fund with an investment as low as Rs 5,000/- only or even lower at Rs 500 for ELSS schemes.
Investment expertise: Mutual funds are managed by professional fund managers who have the desired qualification, expertise and experience in picking the right stocks or other instruments to get the best risk adjusted returns.
Economies of scale in transaction costs: Since mutual funds buy and sell securities in large volumes transaction costs on a per unit basis is much lower than what retail investors may incur if they buy or sell shares through stock brokers.
Variety of products: Mutual funds offer investors a variety of products to suit their risk profiles and investment objectives. Apart from equity funds, there are hybrid funds, debt funds, liquid funds and tax savings schemes etc. to suit different investment requirements.

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