Mutual Fund
Definition
Investment fund pooling money from multiple investors to purchase a diversified portfolio of securities (stocks, bonds, etc.), managed by professional fund managers.
In Context
Mutual funds offer instant diversification, professional management, and easy entry/exit compared to direct stock investing. SEBI-regulated, AMFI-registered. Returns are not guaranteed.
Related Terms
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⚠️ Disclaimer: This glossary is for educational purposes. Simplify Money provides analytical insights and guidance. We have applied for SEBI RIA registration.