State whether true or false. mutual fund is a pool of money belonging to various investors. true
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It is true. A mutual fund is a kind of investment wherein the savings of a number of investors who share a common financial goal is pooled together.
The mutual funds have a diverse financial portfolio which includes bonds, equities, debentures etc.
The income and the capital appreciation which is earned by making these investments are shared proportionately by the unit holders.
Mutual Funds are therefore considered as the best suitable investment for the common man as it offers a wide opportunity to invest in a diverse basket of securities at a low cost.
The mutual funds have a diverse financial portfolio which includes bonds, equities, debentures etc.
The income and the capital appreciation which is earned by making these investments are shared proportionately by the unit holders.
Mutual Funds are therefore considered as the best suitable investment for the common man as it offers a wide opportunity to invest in a diverse basket of securities at a low cost.
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