MUTUAL FUND - Simple Guide
A mutual fund is a professionally managed type of collective investment that pools money from many investors to buy shares short-term money market instruments, and/or other securities.
Confusing ?
A Mutual Fund company Collects money and invests in various shares that is in companies with experts in management. For that, the MF company collects some amount. that's all.
OK. Is there any advantage in investing in Mutual Fund than Direct Share ?
Yes .
- Diversification
- Ability to redeem [Withdraw] daily at net asset value (the value of a proportional share of the fund's assets)
- Professional investment management
- Ability to participate in investments that may be available only to larger investors
- Government regulation
Click below for getting the latest NAV of any Mutual Fund in India.
http://www.amfiindia.com/navreport.aspx
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