What does not constitute a collective investment scheme?

Questions › What does not constitute 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 does not constitute a scheme framed and offered by a cooperative society.   
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Nikhil Rawat answered 3 months ago
A collective investment scheme does not constitute an insurance scheme or a scheme framed by a non-banking financial company.   
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Deepak Goyal answered 3 months 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.