Definition:
A mutual fund is an investment scheme. It
is usually meant for small retail investors who do not possess 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:
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| A Few Indian Mutual Funds |
Further Reading:
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