Question

What do you mean by Mutual Fund ? Explain the advantages and types of Mutual Fund.

Answer 1

mutual fund is a basket of various investments, such as stocks, bonds, and cash. A mutual fund is funded by the investments of individual investors and institutions.

Types of Mutual Funds

For the purposes of this lesson, we'll focus on the three main types of mutual funds: equity funds, fixed-income funds, and money market funds.