A collective investment scheme is a plan of investing in securities to generate returns. It consists of several investors pooled together and they commit their funds to invest in securities. These schemes may be open-ended or closed-ended, with the latter being most common in India.
A collective investment scheme is a type of investment fund where investors pool their money to invest in a particular asset. In India, this is regulated by the Securities and Exchange Board of India (SEBI) Act, 1992.
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