LIC Customer Care Number: 1800221242 This is the toll free number for LIC which remains available 24 hours of the day. You can contact customer care number of LIC for complaints and any query and if you have any issues regarding the services and insurance products of LIC. LIC Fax Number:
Definition: Hedge funds are privately-owned companies that pool investors' dollars and reinvest them into all kinds of complicated financial instruments. Their goal is to outperform the market -- by a lot. They are expected to be smart enough to create high returns regardless of how the market does.
Ethical Fund. A mutual fund in which the asset managers make investment decisions based upon some ethical code. An ethical fund is marketed to investors who may have moral objections to certain investment vehicles or companies.For example, an individual may have a moral objection to smoking and may therefore buy shares in a mutual fund that refrains from investing in tobacco companies.n ethical fund is marketed to investors who may have moral objections to certain investment vehicles or companies.