The Complete Guide to Mutual Funds

Sharmavidushi27 Aug, 2024Finance

A mutual fund is a managed investment scheme that pools money from thousands of investors to invest in a variety of market instruments like shares, bonds, etc., based on the fund?s stated objective. Each investor in the mutual funds holds units of the fund depending on how much they invested. The number of units changes with new inflows and redemptions from the fund. A professional fund manager handles all the investments in various assets on behalf of the investors.