What is the Mutual Funds? What is the Portfolio Management
Services (PMS)? What is the difference between Mutual funds
and Portfolio Management services? Give me detail
explanation??
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Answer Posted / kc
mutual funds is in which money is collected from several
investors and invested in different kinds of schemes
consisting of equity, debt and money markets etc. due to
this kind of diversification risk is reduced in investing
while (PMS) is a type of professional service offered by
portfolio managers to their client to help them in managing
their money in less time. Portfolio managers manage the
stocks, bonds, and mutual funds of clients considering
their personal investment goals and risk preferences. In
addition to money, the portfolio managers manage the
portfolio of stocks, bonds, and mutual funds.
| Is This Answer Correct ? | 17 Yes | 2 No |
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