______ is a pool of money, drawn from investors.
1) mutual fund
2) SIP
3) Shares
4) Share market
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Answer:
mutual fund is correct answer.
please tell me thanks.
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0
A mutual fund is a pool of money drawn from investors. (Option 1)
- It is the type of investment fund where the funds of multiple investors are pooled together and then invested in the securities to earn returns.
- These funds can be invested in shares, bonds, money market securities, etc.
- In other investments like SIP, Shares, the funds are not pooled together from multiple investors.
- So, 1 is the relevant option.
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