Can anyone tell me how does mutual fund functions?
Asked by siddharth Paliwal, 22 Feb '12 01:16 pm
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Fund raised from share holders and then admistered or managed by team of professionals to get profit in investments.Answered by Vilas Deshpande, 22 Feb '12 01:21 pm
Mutual Funds collected by desired AMC's invest in different sectors in stock market ... and make gains/losses...Its purely based on NAV(Net asset Value) keep a track of particular u invested and on the period (closed endd/openended) u can redeemAnswered by pinky chinni, 22 Feb '12 01:21 pm
Mutual funds are set up with major objective of investing in multiple securities that can run into hundreds,it take weeks for an investor to investigate on this kind of scale ,for more information you can log on to various AMC websites like Reliance mutual fund,ICICI,HDFC and other.Answered by mohit jagannath, 22 Feb '12 01:17 pm