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what is the meaning of mutual funds?and how many types?

Answers were Sorted based on User's Feedback



what is the meaning of mutual funds?and how many types?..

Answer / saleem

mutual fund is an investment vehicle which pools the money
of many investors and invest them in a diversified portfolio
of securities.

Is This Answer Correct ?    8 Yes 1 No

what is the meaning of mutual funds?and how many types?..

Answer / akash giri

mutual funds are those funds witch company take to people
and invest in sheremarket or any other project. and the
share of profit give to the investors. And Mutual funds are
three types.

Is This Answer Correct ?    8 Yes 2 No

what is the meaning of mutual funds?and how many types?..

Answer / neha

mutual funds are the funds operated by an investment company
which raises money from public and invests in a group of assets
(shares,debentures etc) in accordance with a stated set of
objectives.
types of mutual funds-open ended funds,close ended funds,growtth
funds,money market funds etc.

Is This Answer Correct ?    1 Yes 0 No

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