Q.
Can anyone tell me how does mutual fund functions?
Asked by siddharth Paliwal,
22 Feb '12 01:16 pm
Earn 10 points for answering
Answers (3)
1.
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
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received
2.
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 redeem
Answered by pinky chinni, 22 Feb '12 01:21 pm
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received
3.
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
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received