What constitutes a collective investment scheme?

Questions › What constitutes a collective investment scheme?
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Akshaj Singh asked 3 months ago
   
3 Answers
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Priya Vishwas answered 3 months ago
A collective investment scheme constitutes investment made by the investors solely for the purpose of investing.  
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Nikhil Rawat answered 3 months ago
A collective investment scheme constitutes investment made by the investors to earn income or profits.   
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Deepak Goyal answered 3 months ago
A collective investment scheme constitutes investments that are made by the investors to earn profit and the investors do not have any command over the investment scheme.