MUTUAL FUND - CONCEPT
-AMutual Fund is a trust that pools the savings of a number of
investors who share a common financial goal. -The money thus collected is then
invested in capital marketinstruments such as shares, debentures and other securities
through these investments and the capitalappreciation realized are
shared by its unit holders inproportion to the number of units owned by them
.Thus a Mutual Fund is the
most suitable investment forthe common man as it offers an opportunity to invest in adiversified, professionally managed basket of securities at arelatively low cost.
Buying a mutual fund is like
buying a smallslice of a big pizza.