What is meaning of mutual fund?
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A mutual fund is a basket of various investments, such as stocks, bonds, and cash. There are three main types of mutual funds: equity funds, fixed-income funds, and money market funds. ... Other types of mutual funds include mortgage funds, balanced funds, index funds, specialty funds, and real estate funds.
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In mutual funds, companies bring money from many people and invest it in stocks, bonds or other asserts
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