A Comparative Study on Mutual Funds
Journal: International Journal of Trend in Scientific Research and Development (Vol.5, No. 6)Publication Date: 2021-10-01
Authors : Hameedullah Rasuli Himabindhu;
Page : 1350-1351
Keywords : Mutual Funds;
Abstract
A mutual fund is just the connecting bridge and financial intermediary that allows a group of investors to pool their money together with a predetermined investment objective. The mutual fund manager, who is responsible for investing the gathered money into specific securities such as stock or bond, When you invest in a mutual fund, you are buying units or portions of mutual fund and thus on investing, becomes a shareholder or unit holder of the fund. Mutual funds are considered as one of the best available investment as compare to other as they are very cost efficient and also easy to invest in, thus by pooling money together in a mutual fund, investors can purchase stocks or bonds with much lower trading costs diversification by maximizing returns. Hameedullah Rasuli | Dr. Himabindhu "A Comparative Study on Mutual Funds" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, URL: https://www.ijtsrd.com/papers/ijtsrd47634.pdf Paper URL : https://www.ijtsrd.com/economics/finance/47634/a-comparative-study-on-mutual-funds/hameedullah-rasuli
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