Short Note: Accrual Funds

Accrual funds may be described as debt mutual funds which aim at earning an income in the form of interest basically from the coupon that is offered for the securities held in the portfolio. They are in contrast to the duration funds which aim at earning a significant amount of returns from the capital appreciation

What is Economic Survey?

Economic survey is presented every year shortly before presenting the Union Budget. This document sets the backdrop for the Budget. The rationale of an Economic survey is that the Parliament can better appreciate the Budget proposals with the background Knowledge provided by the Survey. Economic Survey also provides an opportunity for the government to spell out its

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