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A Mutual fund can be preferable for any type of investment who are wish to know about what is mutual fund,and what are the various types of mutual fund.<br>http://www.financ.in/mutual-funds-basics/<br>
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Mutual FundsPresented by Financ Website:-http://www.financ.in/mutual-funds-basics/
What is Mutual Fund • Mutual Fund is the best scheme for investing money who are all wish to save money. • Investing in a mutual fund can make easier than buying or selling individual stocks and bonds on your own. • Investors can sell their shares when they want. http://www.financ.in/mutual-funds-basics/
Types of Mutual Funds • Close ended fund/scheme: A predetermined maturity period is called close ended fund or scheme. At the time the initial public issue investors can invest in the scheme. • Open ended fund/scheme: The most common type of mutual funds is open ended funds or scheme. Investors can choose to invest or transact in these schemes as per there needs. • Interval scheme: Combination of both close and open ended funds are know as interval schemes. FMPs or Fixed maturity plans are examples of these types of schemes. http://www.financ.in/mutual-funds-basics/
Benefits of Investing in a Mutual Fund Some of the benefits of mutual Funds are listed below: • Small investments • Spreading risk • Liquidity http://www.financ.in/mutual-funds-basics/
How to choose a good Mutual Fund Investment objective: Investment objectives are defining like regular income , buying a home, finance a wedding, educating your children, or a combination of all these needs. Choose the right Mutual Fund: • Once the investment objective is clear, the next step would be choosing the right Mutual Fund scheme. • Services offered by the mutual fund and how investor friendly • Transparency indicated in the quality and frequency of its communications http://www.financ.in/mutual-funds-basics/