A mutual fund is an investment vehicle that pools money from multiple investors and invests it across securities such as equity shares, bonds, money-market instruments and other permitted assets, depending on the scheme’s objective. Mutual funds can be a convenient way for investors to participate in financial markets without having to select and manage every security themselves. But before investing, it is important to understand one basic principle: Mutual funds are investments—not guaranteed-return products. Why Consider Mutual Funds? Mutual funds can offer several useful features for long-term investors: Before Investing,…
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