A mutual fund is an investment policy where collective schemes are employed and managed by a fund manager. The investor enrolls in a mutual fund company with the hope of getting a profitable return at the end. These investment tools may be stock, bond, and other market instrument. The fund manager’s decision of the sales and purchase of different company shares depend on the objective stated within the fund’s prospectus. Now let us learn how mutual fund generates money or how it works within its financial structure.
Generally, open ended mutual funds give an option for investors to accumulate as …Read More