Why Invest in Mutual Funds?

What is mutual fund and why invest in it?

A mutual fund is an investment company that pools the savings of individuals and institutional investors who share a common financial goal. These investors buy shares of the mutual fund and become shareholders of the fund they chose. The mutual fund has specific investment objectives and strategies. Investors buy and sell shares of the fund based on the prevailing Net Asset Value Per Share (NAVPS).

 

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Posted on February 19, 2011, in Investment Portfolio and tagged , . Bookmark the permalink. Leave a comment.

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