what is mutual funds ? explain in simple words
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Answer / prashanth mummadi
mutual funds helps small investors to invest their money in a diversified pool of securities i,e.bonds,stocks,etc.
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Answer / a. rajitha
mutual fund is a professional managed collective investment collected from different investors and this amount is used to buy bonds,stocks,short term money market instruments and other securities.
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Answer / prasanna kumar
in simple words mutual fund is pool of funds.
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