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What are mutual funds and what are the best funds to buy at
this time. Why??
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Answer Posted / mohd abdul qader
Mutual fund is a fund which is managed by a Assets
management Company (AMC), pools the monies of different
investor and it invest it in diversified stock of various
companies. Decison of about the choice of mutual is based
on the investor risk assuming capabilities.
Investor who are risk averse likes to invest in Equity
Oriented mutual fund as it fetches higher returns with
greater risk of loss , whereas investor who does not like
to take risks may invest in debt fund as risk is low and
return are small
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