what are mutal funds define brefily
Answers
Answer:
A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. ... Investors buy shares in mutual funds. Each share represents an investor's part ownership in the fund and the income it generates.
Explanation:
A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. ... Investors buy shares in mutual funds. Each share represents an investor's part ownership in the fund and the income it generates.
In simple terms, a mutual fund is essentially a common pool of money in which investors put in their contribution. ... The money could be invested in stocks, bonds, money market instruments, gold, real estate and other similar assets.