Describe Long Holding Period
Describe Long Holding Period briefly with suitable example?
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Long Holding Period: Whenever an investor buys an asset for 5 or more years, then it will be his long holding period. For illustration, a person invested in SBI FD for ten years with the rate of interest of 9%. Therefore, 10 years is his long holding period.
Money fund: Money fund is as well main instrument of the money market. This fund that can be employed for fulfilling the requirements of banks to repay the customers.
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