Terms Beginning With 'm'

Mutual fund

  • January 22, 2020
  • Team Kalkine

A mutual fund is a financial security vehicle that facilitates the investors to pool their money together into one professionally managed investment portfolio such as stocks, bonds, money market instruments and short-term debt. A mutual fund comprises of a portfolio operated by professional money managers, which is designed and sustained to match the investment objectives pre-defined in its prospectus.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK