what are mutual funds and how to invest in it . what are its benefits ??
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Mutual are just like share but safe investment in which all the procedure about investment is done by bank or firm on your behalf.
gurmandon:
what are its benefits??
you get rate of return as average rate! as compared to shares and risks along with it
thanks
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ɦεყα
A mutual fund is at its core a managed portfolio of stocks and/or bonds.
Mutual fund as a company that brings together a large group of people and invests their money on their behalf in this portfolio.
Each investor owns shares of the mutual fund, which represent a portion of its holdings.
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Diversification: Mutual Funds Have Broad Market Exposure
Simplicity: Mutual Funds Are Easy to Understand
Accessibility: Mutual Funds Are Easy to Buy
Affordability: Mutual Funds Have Low Minimums
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