Download Gujarati Vyakran Book By Astha Academy
Download Gujarati Vyakran Book By Astha Academy
A mutual fund company is an investment company that receives money from
investors for the sole purpose to invest in stocks, bonds, and other securities for
the beneõt of the investors. A mutual fund is the portfolio of stocks, bonds, or
other securities that generate proõts for the investor, or shareholder of the
mutual fund. A mutual fund allows an investor with less money to diversify his
holdings for greater safety and to beneõt from the expertise of professional
fund managers. Mutual funds are generally safer, but less proõtable, than
stocks, and riskier, but more proõtable than bonds or bank accounts, although
its proõt-risk proõle can vary widely, depending on the fund's investment
objective.Most mutual funds are open-end funds, which sells new shares
continuously or buys them back from the shareholder (redeems them), dealing
directly with the investor (no-load funds) or through broker-dealers, who receive
the sales load of a buy or sell order. The purchase price is the net asset value
(NAV) at the end of the trading day, which is the total assets of the fund minus its
liabilities divided by the number of shares outstanding for that day
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