English, asked by gurmandon, 10 months ago

what are mutual funds and how to invest in it . what are its benefits ??

Answers

Answered by shawnmendes99

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??

shawnmendes99: you get rate of return as average rate! as compared to shares and risks along with it

gurmandon: thanks

Answered by Anonymous

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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ʙᴇɴᴇғɪᴛs ᴏғ ᴍᴜᴛᴜᴀʟ ғᴜɴᴅs

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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