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Standard IX
Mathematics
Question

Which of the following is not an Alternative Investment Fund?
  1. Infrastructure Equity Fund
  2. Venture Capital Fund
  3. Mutual Fund
  4. Private Investment in Public Equity Funds

A
Mutual Fund
B
Private Investment in Public Equity Funds
C
Infrastructure Equity Fund
D
Venture Capital Fund
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Solution
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A mutual fund is a professionally managed investment fund that accumulates money from many investors to purchase securities who may be retail or institutional in nature. Mutual funds are listed in stock exchanges but due to its distinct characteristics it is not considered as an alternative investment fund.

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