What does not constitute a collective investment scheme?

Questions › What does not constitute a collective investment scheme?
0 Vote Up Vote Down
Akshaj SinghAkshaj Singh asked 4 years ago
   
3 Answers
0 Vote Up Vote Down
Priya VishwasPriya Vishwas answered 4 years ago
A collective investment scheme does not constitute a scheme framed and offered by a cooperative society.   
0 Vote Up Vote Down
Nikhil RawatNikhil Rawat answered 4 years ago
A collective investment scheme does not constitute an insurance scheme or a scheme framed by a non-banking financial company.   
0 Vote Up Vote Down
Deepak GoyalDeepak Goyal answered 4 years ago
A collective investment scheme does not constitute any scheme in which contribution is made by mutual funds or contributions which are specified in section 58A of the companies act 1956.