Understanding Mutual funds.
Lately with an increase in investor awareness programs, access to the apps that allow an easy of investing and all the information available on various platforms. The number of people entering or willing to explore more and more investing avenues is increasing with multifold year on year. One of the most common and best available avenues for the new and no nothing investor are a mutual fund. The mutual fund industry has grown rapidly in the last decades due to its ease of access and various other benefits. Also, the "Mutual Fund Sahi Hai" campaign has boosted the interest of novice investors. In this article, we will be know all about mutual what. How it works and what are its advantages and disadvantages? Wikipedia defines mutual fund as- "A professionally managed investment fund that pools money from many investors to purchase securities. These investors may be retail or institutional in nature. Mutual funds have advantages and disadvantages c...