Concept Of Mutual Fund
MUTUAL FUND Nowadays, money savings is most important for all of us. Savings and investment, both are different. As same as investment and insurance. Saving money through investments and securing your loved ones through insurance are two separate things. So let us discussed what is the meaning of mutual fund and explore how we can invest in them. Introduction : A mutual fund consists of a collection of funds overseen by an experienced fund manager. Mutual funds in India are established in the form of a Trust under Indian Trust Act, 1882, in accordance with SEBI (mutual funds) regulations, 1996. A mutual fund is a form of investment where money is pooled together from multiple investors and invested in a variety of assets such as stocks, bonds, government securities, and money market instruments. Professional fund managers handle the investment of the money collected in the mutual fund scheme, aiming to meet the investment objectives of the scheme. The profits or gains generated fr...