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What Are Mutual Funds? Do They Benefit Us?

I don't even the meaning of mutual funds. Pls clear my doubt. What happens if we invest in mutual funds.

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    Mutual funds are basically a form of collective investment in which money is taken from various investors and is put in stocks, bonds, short term money market instruments or securities etc.
    Following are the benefits:
    - Transaction cost is divided among all the shareholders
    - Expertise of professional fund managers is available
    - Investment options are thoroughly researched.
    - Risk is diversified.
    0 0

    Aicha  

    answered 2 years ago

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