Part 1 - "What are Mutual Funds?" by FinVise India
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"What are Mutual Funds???"
To many people, Mutual Funds can seem complicated or intimidating. We are going to try and simplify it for you at its very basic level. Essentially, the money pooled in by a large number of people (or investors) is what makes up a Mutual Fund. This fund is managed by a professional fund manager.
"What are Mutual Funds???"
To many people, Mutual Funds can seem complicated or intimidating. We are going to try and simplify it for you at its very basic level. Essentially, the money pooled in by a large number of people (or investors) is what makes up a Mutual Fund. This fund is managed by a professional fund manager.
It is a trust that collects money from a number of investors who
share a common investment objective. Then, it invests the money in
equities, bonds, money market instruments and/or other securities. Each
investor owns units, which represent a portion of the holdings of the
fund. The income/gains generated from this collective investment is
distributed proportionately amongst the investors after deducting
certain expenses, by calculating a scheme’s “Net Asset Value or NAV.
Simply put, a Mutual Fund is one of the most viable investment options
for the common man as it offers an opportunity to invest in a
diversified, professionally managed basket of securities at a relatively
low cost.
A video explaining mutual funds in simple words (Source : AMFI Website)
A video explaining mutual funds in simple words (Source : AMFI Website)
For more details on Mutual Funds, Financial Planning & Personal Finance contact us at :
Phone No. 9582250638
Email id : contact@finviseindia.com
Email id : contact@finviseindia.com
Visit our website :www.finviseindia.com
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