Question

What is mutual fund And how to invest in mutual fund

Answer 1

A mutual fund collects money from investors and invests the money on their behalf. It charges a small fee for managing the money. Mutual funds are an ideal investment vehicle for regular investors who do not know much about investing. Investors can choose a mutual fund scheme based on their financial goal and start investing to achieve the goal.

How to invest in mutual funds?
You can either invest directly with a mutual fund or hire the services of a mutual fund advisor. If you are investing directly, you will invest in the direct plan of a mutual fund scheme. If you are investing through an advisor or intermediary, you will invest in the regular plan of the scheme.

Answer 2

ANSWER

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Mutual Funds :- A financial institution which collect money from the public by selling its units and invest money in diversified portfolio of securities.

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Additional Information :-We can keep our money in mutual funds so that we can use it for future use.

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A market situation in which they are completely few sellers one or two which control our share of the market.

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