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One line definition of mutual fund?

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Anonymous

16y ago
Updated: 8/17/2019

A Mutual Fund is nothing but a common pool of money collected from a lot of people which is used by an experienced fund manager who invests the money in the Share market. Not many of us are experienced in investing directly in the Equity market. Mutual funds are a boon to the investor who doesn't have enough knowledge to invest directly in the market but wants to take a risk and gain higher returns from the market.

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Wiki User

16y ago

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