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The Securities and Exchange Board of India (SEBI) has asked Alternative Investment Funds(AIFs) to provide the option of direct plans for its investors. Through such plans, investors can participate in an AIF without having to pay any distribution fee or placement fee. AIFs are funds that cater to wealthy individuals willing to invest more than ₹1 crore in a single go.The regulator has also asked the AIFs to disclose distribution fees to the investors while on-boarding them. Also, for category III AIFs, which invest in listed securities, the distribution fee needs to be charged on a trail basis. These measures have been brought in to enhance the transparency and curb misspelling.
The total strength of school A is 60% more than that of school B. In school A and B, out of total number of students, 10% and 20% respectively are girls...
Raj scored 30% marks in a test and failed by 40 marks, while Meena scored 50% marks in the same test and failed by 10 marks. Find the passing marks of t...
The marks scored by a boy in three subjects are in the ratio 2 : 3 : 5. Boy scored an overall aggregate of 60% in the exam. If the maximum marks in each...
A company allowed 9% commission on the total sales made by the salesman and a bonus of 1% on the sales over Rs. 40000. If the salesman deposited Rs. 81...
The value of A’s car is depreciating by 25% every year whereas the value of his house is appreciating by 15% each year as compared to the previous yea...
250 ml mocktail contains 20% cranberry juice, 50% apple juice, and the rest is ginger ale. If 30 ml cranberry juice, 50 ml apple juice, and 20 ml ginger...
Anju spends 16% of her monthly income on rent, 22% of it on groceries, 14% of it on children's education and 50% of the remaining on other items. If ₹...
Gita, Hema, and Isha contested an election in which 6400 votes were polled and none of the votes were invalid. Hema got 60% more votes than the total vo...
A man spends 72% of his income. If his income increases by 28% and his expenditure increases by 25%, then what is the percentage increase or decrease in...
In a metro, there are as many wagons as there is the number of seats in each wagon. In one of the wagon carrying 125 persons is filled with 62 (1/2) %...
