Main Object Of MUTUAL OR GROWTH FUND Company

Main Object Of MUTUAL OR GROWTH FUND Company

1. To establish, promote, form, organise, sponsor, operate, supervise, manage and carry on business as administrator(s) or manag ers of investment funds, mutual funds (both local as well as off shore), growth funds, income or capital funds, taxable or tax exempt funds, provident funds, pension funds, superannuation funds, charitable funds, trusts funds, of person or bodies of persons whether incorporated or not, as part of mutual fund business for investment in equity and other securities, to contribute to the development of capital market and for providing facility for par ticipation by subscribers, holders of units in the mutual funds and in the profits or, income arising from the acquisition, holding, management and disposal of the securities and other properties whatsoever and for that purpose to promote, establish, manage and carry on various schemes as may be approved by Securities & Ex change Board of India (SEBI) and all concerned authorities and conducive to the management of the company concerning shares, stocks, debentures, debenture stocks, bonds, units, obligations, secured debts, promissory notes, participation certificate, po licies, money market investment securities, policies of the Central and State Government, company, corporation, municipal, local or other body or authority or obligations of other securities or investments of any kind or description whether in India or in any foreign country.

2. To act as financial consultants, management consultants and to provide advice, service, consultancy in various fields, general administrative, secretarial, commercial, financial, legal, econom ic, labour, industrial, public relations, scientific, technical, direct and indirect taxation and other levies, statistical, accoun tancy, quality control and data processing.

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