Take the first step towards growing your wealth with Mutual Fund
A mutual fund is a type of investment that pools money from many investors to buy a variety of assets, such as stocks, bonds, and government securities. The fund’s performance is based on the investments it makes, and investors receive a proportional share of the fund’s income and capital gains.
Here are some things to know about mutual funds:
- Investment objectives
Mutual funds are designed to meet specific investment goals.
- Professional management
Mutual funds are managed by financial experts who decide which investments to buy and when to sell them.
- Fund fees
Mutual funds charge fees to cover expenses like fund accounting, auditing, and distribution. These fees are included in the fund’s expense ratio.
- Fund types
There are many types of mutual funds, including bond funds, money market funds, target date funds, and stock funds.
- Fund structure
