MGVCL Recruitment for Deputy Chief Accounts Officer Post 2018
General Knowledge for all competitive Exam Must visit GujaratGk.com A mutual fund company is an investment company that receives money from investors for the sole purpose to invest in stocks, bonds, and other securities for the benefit of the investors. A mutual fund is the portfolio of stocks, bonds, or other securities that generate profits for the investor, or shareholder of the mutual fund.
Name Of Organization : Madhya Gujarat Vij Company Limited (MGVCL)
Total No. Posts : 01 Post
Name Of Posts : Deputy Chief Accounts Officer
Minimum Qualification Qualification and Experience:
For Outside Candidates: CA or ICWA and Candidate should have at least 05 years post qualification experience in the field of Finance/ Account / Commerce in a large Limited Company with a turnover of more than 500 crores. Out of 05 years, 02 years’ experience should be in a Senior Management Cadre. Experience of power sector companies shall be preferred.
New Job Update Online Application, Call Letter, Answer Keys and more Must Visit GuujaratiEducation.in A mutual fund allows an investor with less money to diversify his holdings for greater safety and to benefit from the expertise of professional fund managers. Mutual funds are generally safer, but less profitable, than stocks, and riskier, but more profitable than bonds or bank accounts, although its profit-risk profile can vary widely, depending on the fund’s investment objective.
For Departmental Candidates: Full time MBA (Finance) from a recognized university with 05 years post qualification experience can also apply for the above post.
Fees (Non Refundable):
General (UR): Rs. 500 /-
The applicant has to pay application fees in any of the Branches of State Bank of India or online through Credit Card / Debit Card / Net Banking.
More Details: Please Read Official Advertisement.
How to Apply: Interested and Eligible Candidates may Apply Online Through official Website.
- Important Dates:
- Starting Date for Submission of Online Application: 06-01-2018
- Last Date for Submission of Online Application: 27-01-2018 before 06.00 P.M.
- Last Date of Online Payment of Recruitment Fees and Generation of SBI Challans: 27-01-2018 before 06.00 P.M.
- Last Date of Manual Payment of Recruitment Fees at any of the SBI branch using System generated SBI
- Fee : 30-01-2018 Up to Bank Working Hours
Technology Updates Most mutual funds are open-end funds, which sells new shares continuously or buys them back from the shareholder (redeems them), dealing directly with the investor (no-load funds) or through broker-dealers, who receive the sales load of a buy or sell order.The purchase price is the net asset value (NAV) at the end of the trading day, which is the total assets of the fund minus its liabilities divided by the number of shares outstanding for that
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