List of Mutual Funds in Bangladesh

>> January 27, 2011


Investment in share capital is becoming more risky business due to affecting of lots of factors but mutual fund is less risky than stock. So, all the big corporations and financial instituitions allow public to invest the money in their mutual funds. If we talk about the main mutual funds in Bangladesh, first of all, we have to understand its economy. Latest news relating to economy of Bangladesh is that it has stopped to depend on foreign loan and it is developing the its own financial organisations who collect fund from own peoples of Bangladesh  and this fund is utilized for developing of Bangladesh. If you are the citizen of Bangladesh, you should invest your countries' own mutual funds and this fund will be helpful for developing your country instead of going loan. I think, if a country demands loan from other country, it means that country is becoming beggar for getting loan. So, for pride of country, we should never demand loan from any other country. Indian may also invest in these mutual fund because Bangladesh was the part of India and still we behave it as our brother. We are interested to make Strong of our brother's economy.

Now, I am writing List of Mutual Funds in Bangladesh. Following is the list of  Bangladesh's largest mutual fund providers. They offer  to public to invest in  these mutual funds. In these providers include the companies of banking sector, insurance sector and finance sectors. There are 4 Top companies who are the providers of mutual funds.

Ist EBL First Mutual Fund

EBL First Mutual Fund is a closed-end fund incorporated in Bangladesh. The fund's objective is to provide high dividend income. The Fund invests in capital market and money market securities. The Fund is listed on the Dhaka Stock Exchange.

2nd  Eighth ICB Mutual Fund

This mutual fund has been made by investment corporation of Bangladesh. It  is a closed-end fund incorporated in Bangladesh. The Fund's objective is to provide dividend income. The Fund invests in the Bangladeshi capital market.

3rd  ICB AMCL Islamic Mutual Fund

ICB AMCL Islamic Mutual Fund is a closed-end fund incorporated in Bangladesh. The fund's objective is to provide high dividend income. The Fund invests in Shariah compliant securities/instruments. The Fund is listed on the Dhaka Stock Exchange.

4rd  Seventh ICB Mutual Fund

Like other ICB financial product, it is also investment corporation's financial product.





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