Investment
Mutual Fund
Also known as: MF, Unit Trust
Investment vehicle pooling money from many investors to buy securities like stocks and bonds.
Detailed Explanation
Mutual funds pool money from multiple investors to create a diversified portfolio of stocks, bonds, or other securities. Professional fund managers make investment decisions based on the fund's objectives. Types include equity funds, debt funds, hybrid funds, and index funds.
Related Calculators
Related Terms
SIP
Systematic Investment Plan - Regular investment method in mutual funds for rupee cost averaging.
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NAV
Net Asset Value - Per unit price of mutual fund calculated by dividing total assets by units.
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AUM
Assets Under Management - Total market value of assets managed by a mutual fund or investment company.
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