Can trust invest in mutual funds
. Can trustee take loan from its trust.
How can trustee earn from its trust like salary, sitting fees etc. what will be proper way to earn from a trust.
pavel (CA Article) 24 March 2019
Can trust invest in mutual funds
. Can trustee take loan from its trust.
How can trustee earn from its trust like salary, sitting fees etc. what will be proper way to earn from a trust.
Sharma Twinkle Manojkumar (Student) 27 March 2019
Many charities have surplus funds not needed to fund their immediate charitable activities; often, the trustees invest some or all of this surplus in order to generate extra income to fund future activities, says the distribution head of a fund house that claims to have a handful of trust-focussed mutual fund schemes.
As per Indian Trust laws, religious organisations, charitable trusts, Wakf boards and registered societies are allowed to invest in mutual funds.
pavel (CA Article) 07 May 2019
sharma twinkle many thanks for your reply
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