Friday, September 9, 2016

Definition of Mutual Fund


Definition:
A mutual fund is an investing scheme. It is usually meant for small retail investors who do not posses the special knowledge required for making investment decisions themselves. Specialists, who invest the money into financial instruments like shares, bonds and other such assets, manage the funds, with an objective of earning returns for the investors in the form of dividends or capital appreciation or both.


Example:

A Few Indian Mutual Funds




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