TYPES OF MUTUAL FUNDS
Mutual Funds have many different schemes suitable for different purposes. Some are suitable for growth over long periods, whereas some may be for those in need of safety with regular income, and some provide liquidity in the short term, too.
WHAT IS MUTUAL FUND? AND ITS BENEFITS.
Mutual Fund is an entity which is formed under Indian Trust Act 1882. It mobilizes money from a number of investors, then invests it in various kinds of securities like equities ,bonds, money market instruments etc. to achieve a common objective of earning optimum returns on their investments with a commensurate risk .