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Mutual funds functions

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FINANCIAL MARKETS
MANAGEMENT
NAME: HARSHWARDHAN.K.KARJULE
CLASS: XI COMMERCE CBSE

, WHAT IS A MUTUAL FUND?
A mutual fund is a financial vehicle that pools assets from
shareholders to invest in securities like stocks, bonds, money m
instruments, and other assets. Mutual funds are operated by
professional money managers, who allocate the fund's assets an
attempt to produce capital gains or income for the fund's invest
A mutual fund's portfolio is structured and maintained to match
investment objectives stated in its prospectus.

Mutual funds give small or individual investors access to
professionally managed portfolios of equities, bonds, and other
securities. Each shareholder, therefore, participates proportiona
the gains or losses of the fund. Mutual funds invest in a vast num
of securities, and performance is usually tracked as the change
the total market cap of the fund—derived by the aggregating
performance of the underlying investments.

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