Hedge funds(only for Accredited investors) pool money from investors and invest in securities or other types of investments with the goal of getting positive returns. Hedge funds are not regulated as heavily as mutual funds and generally have more leeway than mutual funds to pursue investments and strategies that may increase the risk of investment losses.

Fund. Income Expenditure Parliamentary Authorisation required Article under which constituted Consolidated Fund Taxes and non-tax revenue All expenditure Prior to expenditure 266 (1) Public Fund Public money other than those under consolidated fund Not required 266 (2) Contingency Fund Fixed corpus of Rs. 500 crore Unforeseen expenditure After the expenditure 267 (1) Compare The British Consolidated Fund Consolidated Revenue Fund […]

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