what is mutualfunds?
Answers were Sorted based on User's Feedback
Answer / d.k.d
Mutual Fund in a type of investment, where assets management
company collect the money from the people (investor) and
invest these money in to stock market.there is a fund
manager who manage the investor money and investor get
return of his/her investment.investing into mutual fund is
less risk than invest direct into share market because
professional(fund manager) can manage the investment better.
| Is This Answer Correct ? | 21 Yes | 0 No |
Answer / laxman
A Mutual Fund is a Professionally managed Investment that pools the Capital of thousands/Large number of investors to trade in stocks, bonds, options, futures,or money market securities, depending on the investment objectives of the fund.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / krishnaveni
mutual fund is an investment which collect the public money
and re invest the like share market ,capital market,bonds
,and commodities etc..
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / tarun singh
"The Securities Exchange Board of India regulation 1993
defines a mutual fund as a fund established in the form of
a trust by a sponsor to raise monies by the trustees for
the sale of units to the public under one or more schemes
for raising in securities in accordance with this
regulation."
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / deepak
Mutual funds are investment companies that pool money from investors at large and offer to sell and buy back its shares on a continuous basis and use the capital thus raised to invest in securities of different companies. The mutual fund will have a fund manager that trades the pooled money on a regular basis. The net proceeds or losses are then typically distributed to the investors annually.
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plz send me the apptitude question papers of bank of america.
2 Answers Accenture, Bank Of America,
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