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Open-Ended Schemes

Mutual fund schemes that continuously offer new units to the public are called open-ended schemes. They offer units for sale without specifying any duration for redemption.

News On Open Ended Schemes
Govt strikes out 1.6 cr bogus ration cards, to save Rs 10,000 cr

27-06-2016| Source:PTI

In addition, the government has saved Rs 14,872 crore by offering subsidy on cooking gas (LPG) directly to consumers and direct benefit transfer (DBT) is planned to be extended to 150 schemes

Ensure single point contact for black money disclosures: CBDT

23-06-2016| Source:PTI

The four-month window under the Income Declaration Scheme 2016, which opened on June 1, allows domestic black money holders to declare their ill-gotten wealth by paying a tax and penalty totalling 45

Sensex ends up 241 pts, Nifty above 8200 on FDI boosters

20-06-2016| Source:Moneycontrol.com

The government has made slew of announcements for various sectors by opening FDI. It has approved 74 percent FDI in brownfield pharma under automatic route, 100 percent in scheduled airlines &

Berggruen to add up to 10 Keys Hotels by 2017-end

16-06-2016| Source:PTI

Hospitality firm Berggruen is planning to open up to 10 properties under its mid segment Keys Hotels brand across India in the next 18 months as part of its expansion plans in the country

Emami Infra up 20% on merger of subsidiaries with company

15-06-2016| Source:Moneycontrol.com

Calcutta high court has sanctioned the scheme of arrangement for amalgamation of Emami Realty and Emami Rainbow Niketan, the wholly-owned subsidiaries, with the company in the open court.

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