Mutual funds have become quite popular over the last twenty years. More and more people are interested in investing in mutual funds. It is considered as one of the most viable option for people to get high returns and also for a long term investment plan.
Now let us understand what exactly the term mutual fund means. It is a collective investment scheme that takes money from different investors to purchase securities. Different types of mutual funds are open ended, unit investment trust, and closed ended funds. Most of the mutual funds are open ended. Open ended funds are the ones which are brought back from their investors at the end of the business at net asset value (NAV).
Now let us understand what exactly the term mutual fund means. It is a collective investment scheme that takes money from different investors to purchase securities. Different types of mutual funds are open ended, unit investment trust, and closed ended funds. Most of the mutual funds are open ended. Open ended funds are the ones which are brought back from their investors at the end of the business at net asset value (NAV).
Closed ended funds are classified into four categories, namely, money market, bond or fixed income, stock or equity, and hybrid funds. Open ended schemes do not have a fixed maturity period and therefore investors can renew their subscriptions as and when required. On the other hand, close ended schemes have a maturity period of five to seven years and thus investors can subscribe for a limited period only.
Achiievers Equities Ltd offers best mutual funds in Kolkata. It is a complete financial solutions provider in India.
Mutual funds can also be categorized based upon the investment objectives like equity oriented schemes, balanced fund schemes, liquid fund schemes, index fund schemes and so on. Before investing in any mutual fund, one thing you should keep in mind is to check the past performance of the scheme, which will give you an insight of its future performance.
Achiievers Equities Ltd offers best mutual funds in Kolkata. It is a complete financial solutions provider in India.
Mutual funds can also be categorized based upon the investment objectives like equity oriented schemes, balanced fund schemes, liquid fund schemes, index fund schemes and so on. Before investing in any mutual fund, one thing you should keep in mind is to check the past performance of the scheme, which will give you an insight of its future performance.
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