Types of mutual funds in india
- how money grows in mutual fund
- how does money grow in mutual funds
- how fast does money grow in a mutual fund
- how much groww charge for mutual fund
How to calculate units in mutual fund.
4 types of mutual funds
If the mere mention of the phrase mutual funds has your eyes glazing over with confusion, trust us—you’re not alone. We’ve all been there. The good news is, they’re not as complicated as you may think.
With the help of an investment professional, mutual funds are a great way to invest for your retirement. But you should never invest in something you don’t understand. So, let’s take a closer look at what mutual funds are, how they work, and why they can become the most valuable tool in your retirement investing strategy.
What is mutual fund in simple wordsWhat Is a Mutual Fund?
Mutual funds are professionally managed investments that allow investors (that’s you) to pool their money together to buy different types of investments—such as stocks, bonds and short-term debt.
Mutual funds usually have a team of professionals working behind the scenes, picking and choosing which stocks, bonds or other investment options to include inside the fund.
Now, how that money is invested will tell you what kind of fund it is.
If it’s used
- what mutual funds are growth and income
- mutual money market fund