iNTRODUCTION:
iNTRODUCTION MUTUAL FUND IS A EASY INVESTMENT VEHICLE ENABLING INVESTORS TO INVEST IN STOCKS WITH ANY EXPERTISE MUTUAL FUNDS NOT ONLY INVESTS IS STOCKS BUT ALSO IN DEBT MARKET AND MONEY MARKET FUNDS IN BALANCED FUNDS INVESTMENT IS DONE IN EQUITY AND DEBT LINKED PLANS www.Getmoneyrich.com
Important terms:
Important terms FUND NAV IS TOTAL VALUE OF ASSET MINUS EXPENSES DIVIDED BY TOTAL NUMBER OF UNITS OF THE FUND THERE ARE TWO TYPES OF MUTUAL FUNDS CALLED OPEN ENDED AND CLOSED ENDED FUNDS. UNLIKE OPEN ENDED FUNDS CLOSED ENDED FUNDS HAS A FIXED MATURITY PERIOD www.Getmoneyrich.com
ADVANTAGE OF MUTUAL FUNDS:
ADVANTAGE OF MUTUAL FUNDS ONE GETS PROFESSIONAL INVESTING SUPPORTS MUTUAL FUNDS ALLOWS GREAT DIVERSIFICATION MUTUAL FUNDS ALSO ALLOWS WELL DIVERSIFIED INVESTMENT IN A PARTICULAR SECTOR OR INDEX www.Getmoneyrich.com