Guest Faculty in CMP
Department Of Economics,
University of Allahabad firstname.lastname@example.org
A Mutual Fund is a trust that pools the savings of number investors who share a common financial goal. The money thus collected is invested by a mutual fund manager in different types of securities depending upon the objective of the scheme. These could range from share to debentures to money market instruments. The income earned through these investment and the capital appreciations realized by the schemes are shared by its unit holders in proportion to the number of units hold by them. Thus, a Mutual Fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed portfolio at a relatively low cost. The small savings of all the investors are put together to increase the buying power and hire a professional manager to invest and monitor the money. Anybody with an investible surplus of as little as few thousand rupees can invest in Mutual Funds. Each Mutual Fund scheme has defined investment objective strategy.
Key words : Mutual fund, SEBI, Net Asset Value