savio13
Savio Cabral
A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors and invests it in stocks, bonds, short-term money market instruments, and/or other securities.[1] The mutual fund will have a fund manager that trades the pooled money on a regular basis
Types of Mutual Funds:
• Open-ended Mutual Fund Schemes
• Close-ended Mutual Fund Schemes
• Tax-saving Mutual Fund Schemes
Advantages of Mutual Funds: Diversification
Drawbacks of Mutual Funds: No Guarantees
Types of Mutual Funds:
• Open-ended Mutual Fund Schemes
• Close-ended Mutual Fund Schemes
• Tax-saving Mutual Fund Schemes
Advantages of Mutual Funds: Diversification
Drawbacks of Mutual Funds: No Guarantees