Planning for a Trust

Discuss Planning for a Trust at the Mutual Funds Discussion Forum within the Traderji.com - Discussion forum for Stocks Commodities & Forex; One of friends wants to institute a Trust in honour of his late parents with ...


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Old 28th March 2008, 12:56 AM
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Join Date: Nov 2006
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gabbar.singh is on a distinguished road
Default Planning for a Trust



One of friends wants to institute a Trust in honour of his late
parents with a sum of Rs 2 lacs. In the beginning the Trust will give
scholarship of Rs 1000:- to one student at a Government Engineering
College. When corpus grows to a satisfactory level, the sum can be
raised or number of students can be doubled. I feel MF route would be
the best option to do it.

Can any guru here advise how he should manage Rs 2 lacs in debts and
equity optimally so that he gets his objective full filled and what
funds should he choose?

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