Understanding mutual fund
Have you heard the phrase ‘Mutual Fund Sahi Hai’?
But how mutual funds are the right investment option for you let’s understand.
Say you want to invest in the stock market. But don’t have the time, money, or resources to select the right company.
Now imagine someone who is a professional and does it day and night on behalf of investors like you.
You just need to invest your money and they will invest in specific securities such as bonds, stocks, etc.
Wouldn't it be great?
This is nothing but a mutual fund that allows a group of investors to pool their money toward a specific investment objective.