Mutual Funds
What are Mutual Funds & Should you be investing in it? Mutual Fund is an entity or a company that pools money from various investors/contributors and collectively is invested in securities such as Stocks/Equities Bonds Money Market Instruments Hybrid Based on the amount invested by you in Mutual Funds ‘units’ are owned, which fundamentally represents the fund portion. These funds are professionally managed and regulated making it an investor-friendly investment avenue. An increment in the value of the investments is shared based on the units owned by the investor. AMC (Aset Management Company), a SEBI approved entity is given authority to take care of the funds invested by allocating the investor deposits in securities. For which in turn the AMC charges a fee from the investor for its services. Companies that provide Mutual Fund : Almost every banking sector indulges in providing Mutual Funds. To name a few of the institutions. Axis Bank Mutual Fund HDFC Mutual Fund DSP Mutual Fu...