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It gets invested in the Stock Market or in any investment class that the mutual fund is supposed to invest in.

Ex: Debt Mutual funds invest in Debt instruments like bonds and Equity Diversified funds invest in Equity Shares etc

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14y ago

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Are open-end funds the same as mutual funds?

Often referred to as the mutual fund industry, the open-end fund industry comprises about 95 percent of the mutual fund market


How much money does it take to invest in a mutual fund?

It depends on the type of mutual fund you want to invest and also the fund house in which you want to invest your money. In majority of the cases the minimum amounts are as follows: a. One time Investment - Open ended Mutual Fund - Rs. 1000/- and multiples of Rs. 500/- thereafter b. Systematic Investment - Open ended Mutual Fund - Rs. 500/- and multiples of Rs. 250/- thereafter c. One time investment - Close ended Mutual Fund - Rs. 5000/- and multiples of Rs. 1000/- thereafter These numbers are approximate and may vary from fund house to fund house.


What do you mean by mutual fund?

Mutual Fund is an open-ended fund operated by an investment company which raises money from shareholders and invests in a group of assets, in accordance with a stated set of objectives. Mutual funds raise money by selling shares of the fund to the public, much like any other type of company can sell stock in itself to the public.


Can you explain what mutual fund investing is?

A mutual fund is a share or fund that is held by more than one holder yet managed by professionals. They pool money from many different investors, and unlike most funds are open ended.


What was the first American open-end mutual fund?

The first American open-end mutual fund, Massachusetts Investors Trust, was started in 1924


What is company combines your money with millions of other investing people and buy stocks and bonds with it?

an open mutual fund


Was the Massachusetts Investors Trust the first American open-end mutual fund?

The Massachusetts Investors Trust was the first American open-end mutual fund


When was the first American open-end mutual fund established?

The first American open-end mutual fund, Massachusetts Investors Trust, was started in 1924


Was the first American open-end mutual fund created in 1924?

The first American open-end mutual fund, Massachusetts Investors Trust, was started in 1924


Can you draw funds from a Mutal Fund?

If it is an open ended mutual fund - Yes, you can draw the funds


Can a mutual fund investor use a regular account to purchase shares in an open-end fund?

No


What is the minimum allowed in fund investments?

It depends on the type of mutual fund you want to invest and also the fund house in which you want to invest your money. In majority of the cases the minimum amounts are as follows: a. One time Investment - Open ended Mutual Fund - Rs. 1000/- and multiples of Rs. 500/- thereafter b. Systematic Investment - Open ended Mutual Fund - Rs. 500/- and multiples of Rs. 250/- thereafter c. One time investment - Close ended Mutual Fund - Rs. 5000/- and multiples of Rs. 1000/- thereafter These numbers are approximate and may vary from fund house to fund house.