Investments

Mutual fund

Basics

A mutual fund is a way of investing in stocks in a less risky way an investment. It allows a group of investors to pool their money and hire a portfolio manager to invests this money (the fund’s assets) in stocks, bonds or other investment securities (or a combination of all of these)  as per a predetermined investment objective. The fund manager then continues to buy and sell stocks and securities as per the priorities of fund as mentioned in fund’s prospectus.