Mutual Fund is a financial instrument, which gives a platform to invest in equity, bonds, money market, and other assets. In a Mutual Fund, many investors invest their hard-earned money. Mutual Fund accepts money from investors and invests their money in stocks, debt, and other assets according to investors’ objectives. Funds are managed by professional fund managers, who generate income or capital gain for the investor’s fund. Mutual fund portfolio classified and managed according to the investment objectives, which describes in the mutual fund’s prospectus.
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