InvestorQ : what is mutual funds?
SOURAV KUMAR made post

what is mutual funds?

Answer
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nishi Shah answered.
1 year ago


As India is getting closer to a developed country, there has been a positive increase in share market investments among Indians. Thus, queries regarding mutual fund are one of the most asked questions.
Let me present you about the meaning of mutual fund in the shortest way I can,

Mutual funds get their investment pool from investors who have subscribed to the mutual fund schemes. This means that many investors pool their individual investments and give it to a professional fund manager who in turn invests this money in line with the common objective of the fund.

Mutual fund is a topic that needs to be studied well before you invest. Sourav, below is the link of my answer that can help you explore more about the mutual fund in a detailed manner: