mutual funds
DESCRIPTION
A mutual fund is an investment vehicle that constitutes a pool of funds from various investors for the purpose of investing in bonds, stocks and other similar assets.TRANSCRIPT
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Mutual Funds
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Definition
A mutual fund is an investment vehicle that constitutes a pool of funds from various investors for the purpose of investing in bonds, stocks and other similar assets.
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According to the maturity period, the schemes can be divided into:
Open-ended fundClose-ended fund Interval fund
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On the basis of investment objective:Equity fundDebt fundLiquid fundGilt fund Index fund
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