Description
What is the content of mutual fund?
A mutual fund is a pool of money managed by a professional Fund Manager. It is a trust that collects money from a number of investors who share a common investment objective and invests the same in equities, bonds, money market instruments and/or other securities
What is contained in a mutual fund profile?
A profile summarizes key information about a mutual fund’s costs, investment objectives, risks, and performance. Although every mutual fund has a prospectus, not every mutual fund has a profile.
What are the 4 types of mutual funds?
Based on Asset Class
- 1) Equity Funds.
- 2) Debt Funds.
- 3) Money Market Funds.
- 4) Hybrid Funds.
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