Question

Mutual funds are generated by ___​

Answer 1

Answer:

Mutual funds are operated by professional money managers, who allocate the fund's assets and attempt to produce capital gains or income for the fund's investors. A mutual fund's portfolio is structured and maintained to match the investment objectives stated in its prospectus.

Answer 2

Answer:

A mutual fund is formed as a trust which comprises - sponsor(s), trustees and an asset management company (AMC). ... Trustees hold its property for the benefit of unitholders, while the asset management company (AMC) (also approved by SEBI) manages the mutual fund. Trustees can superintend and direct the AMC.

Step-by-step explanation:

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