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Q.

Summary for mutual fund awareness?

Tags: mutual fund, summary
Asked by siddharth Paliwal, 20 Sep '12 12:51 am
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Answers (3)

1.

Hi Friends,

A mutual fund is a type of professionally-managed collective investment vehicle that pools money from many investors to purchase securities. While there is no legal definition of mutual fund, the term is most commonly applied only to those collective investment vehicles that are regulated, available to the general public and open-ended in nature. Hedge funds are not considered a type of mutual fund.

The term mutual fund is less widely used outside of the United States. For collective investment vehicles outside of the United States, see articles on specific types of funds including open-ended investment companies, SICAVs, unitized insurance funds, unit trusts and Undertakings for Collective Investment in Transferable Securities.

If you want info about surety bond, commercial bonds, contractors bond, school bonds and infrastructure bonds etc please visit http://www.probondins.com/

Thanks
Source: http://www.probondins.com/
Answered by Probondins, 26 Sep '12 09:36 am

 
  
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2.

Mohit jagannath has given a gud answer
Answered by vedprakash sharma, 20 Sep '12 02:56 am

 
  
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3.

An investment vehicle which is comprised of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market securities and similar assets. Mutual funds are operated by money managers, who invest the fund's capital and attempt to produce capital gains and income for the fund's investors. A mutual fund's portfolio is structured and maintained to match the investment objectives stated in its prospectus. Reliance Mutual Fund an be taken as an exemplary outstanding Mutual funds available at present.
Answered by mohit jagannath, 20 Sep '12 12:55 am

 
  
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