Question

what is meant by mutual funds ? Explain its features in brief ​

Answer 1

an investment programme funded by shareholders that trades in diversified holdings and is professionally managed

Answer 2

INVESTING MUTUAL FUNDS

The Advantages of Mutual Funds

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BY BARCLAY PALMER Updated Mar 27, 2019

Mutual funds are a popular and easily understood investment vehicle for many investors. For investors with limited knowledge, time or money, mutual funds can provide simplicity and other benefits. To help you decide whether investing in mutual funds is the right choice for you, here are a few key reasons to consider investing in mutual funds.