What is diff. between mutual fund and security?
Answer / ashid puzhakkal, m.com.,b.ed.
Mutual fund is an institution which mobilises the savings
of small investors and invests them in well diversified
portfolio. Portfolio is a combination of securities both
equity and debt
Security is only narrow term which consists of only one
investment either in debt or equity
Is This Answer Correct ? | 6 Yes | 1 No |
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