Divisions in two districts of Kutch
Divisions in two districts of Kutch
A mutual fund company is an investment
company that receives money from investors for the sole purpose to invest in
stocks, bonds, and other securities for the benefit of the investors. A mutual
fund is the portfolio of stocks, bonds, or other securities that generate profits
for the investor, or shareholder of the mutual fund. A mutual fund allows an
investor with less money to diversify his holdings for greater safety and to
benefit from the expertise of professional fund managers. Mutual funds are
generally safer, but less profitable, than stocks, and riskier, but more
profitable than bonds or bank accounts, although its profit-risk profile can
vary widely, depending on the fund's investment objective.Most mutual funds are
open-end funds, which sells new shares continuously or buys them back from the
shareholder (redeems them), dealing directly with the investor (no-load funds)
or through broker-dealers, who receive the sales load of a buy or sell order.
The purchase price is the net asset value (NAV) at the end of the trading day,
which is the total assets of the fund minus its liabilities divided by the
number of shares outstanding for that dat
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