Mutual fund if a trust that pools the savings, which are then invested in capital market instruments such as shares, debentures and other securities. Mutual fund works in a different manner as compared to other savings organizations such as banks, national savings, post office, non-banking financial companies etc. As most if not all capital market instruments have an element of risk, it is very essential that the investor have a clear understanding of how a mutual fund operates and are its advantages as well as limitations. This understanding has to be created in the investors in this regular...
Mutual fund if a trust that pools the savings, which are then invested in capital market instruments such as shares, debentures and other securities. ...