mutual fund definitions.....
What is a Mutual Fund ? A mutual fund, is a corporation (trust) that pools the savings, which are then invested in money market, debt market and capital market instruments such as shares, debentures and other securities. Thus the MF serves as a link between the public and the capital markets so as to mobilise savings from the investors and invest them in the capital markets to generate returns. The following are some of the more popular definitions of a Mutual Fund A Mutual Fund is an investment tool that allows small investors access to a well-diversified portfolio of equities, bonds and other securities. Each shareholder participates in the gain or loss of the fund. Units are issued and can be redeemed as needed. The fund's Net Asset Value (NAV) is determined each day. Mutual Funds are financial intermediaries. They are companies set up to receive your money, and then having received it, make investments with the money Via an AMC. It is an ideal tool for people who want to invest...