Exclusive HOLI Discounts!
Get Courses and Combos at Upto 50% OFF!
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

pavel (CA Article)     24 March 2019

Trust investment

Can trust invest in mutual funds

. Can trustee take loan from its trust.

How can trustee earn from its trust like salary, sitting fees etc. what will be proper way to earn from a trust.



Learning

 2 Replies

Sharma Twinkle Manojkumar (Student)     27 March 2019

Many charities have surplus funds not needed to fund their immediate charitable activities; often, the trustees invest some or all of this surplus in order to generate extra income to fund future activities, says the distribution head of a fund house that claims to have a handful of trust-focussed mutual fund schemes.

As per Indian Trust laws, religious organisations, charitable trusts, Wakf boards and registered societies are allowed to invest in mutual funds.

1 Like

pavel (CA Article)     07 May 2019

sharma twinkle many thanks for your reply 


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register