Tell me something about Mutual Fund

Question

Accepted Answer

A mutual fund is a type of investment vehicle that pools money from multiple investors to invest in a diversified portfolio of securities.

Mutual funds are managed by professional fund managers.
Investors buy shares of the mutual fund, which represent their ownership in the fund's assets.
Mutual funds offer diversification, as they invest in a variety of securities such as stocks, bonds, and money market instruments.
They provide an opportunity for small investors to access professionally managed portfolios.
Mutual funds can be categorized into different types based on their investment objectives, such as equity funds, bond funds, and balanced funds.
They may charge fees and expenses, including management fees and sales charges.
Examples of mutual fund companies include Vanguard, Fidelity, and BlackRock.

Accepted Answer

Mutual Fund is nothing but pool of money from Individual & Institutions which invest money in the particular asset or across all asset class and provide returns on the investment.

Tell me something about Mutual Fund

Top CAMS Business Support Officer interview questions & answers

Popular interview questions of Business Support Officer

Top HR questions asked in CAMS Business Support Officer