Answer Posted / chandu
MUTUAL FUNDS MEANS POOL OF MONEY COLLECTED FROM MANY
INVESTER AND THAT MONEY INVEST INTO DIFFERENCE COMPANIES
THAT IS CALLED MUTUAL FUNDS.
MUTUAL FUNDS ARE DEVIDED INTO TWO TYPES
1. OPEN ENDED MUTUAL FUNDS
2. CLOSED ENDED MUTUAL FUNDS.
| Is This Answer Correct ? | 9 Yes | 1 No |
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