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Mutual fund is a pool of money from customers managed by a professional Fund Manager. It is a trust that collects money from a number of investors who share a common investment objective and invests the same in equities, bonds, money market instruments and/or other securities.
A mutual fund is a collective investment vehicle that collects & pools money from a number of investors and invests the same in equities, bonds, government securities, money market instruments.
Mutual funds come in many varieties, designed to meet different investor goals.
Investment in Mutual Fund Units involves investment risks such as trading volumes, settlement risk, liquidity risk, default risk including the possible loss of principal.
Investors may not have the time or the required knowledge and resources to conduct their research and purchase individual stocks or bonds.
As per SEBI guidelines on Categorization and Rationalization of schemes issued in October 2017.
A strong financial market with broad participation is essential for a developed economy. With this broad objective India's first mutual fund was establishment in 1963.
Mutual funds come in many varieties, designed to meet different investor goals. Mutual funds can be broadly classified based on
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