Understanding mutual funds: Shared investment, shared profits Mutual funds refer to the funds generated from multiple investors. It is a pool of money where a company invests in securities and bonds. It is people’s money from which every shareholder can draw the benefits. This fund is created with multiple people contributing mutually in various assets
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As Indians, we are no longer new to mutual funds. Asset management companies (AMCs) and fund distributors like to aggressively promote their investment products as a part of their routine. However, there are a few of us who still do not understand how these investment instruments work? To explain better, mutual funds are simple investment plans which are started by asset management giants where retail investors ( normal people) can pool their money
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WHAT IS MUTUAL FUND? Ever thought about what is Mutual fund or how they work? Think you have Rs 500 and you head out to a restaurant for dinner. Currently you can try one or two dishes on the menu, there’s no guarantee that you’d like them and you can’t possibly order more dishes or