ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -A mutual fund is a pool of money managed by a professional Fund Manager. It is a trust that collects money from a number of investors who share a common investment objective and invests the same in equities, bonds, money market instruments and/or other securities.

Detailed explanation-2: -A mutual fund is a professionally managed fund that pools money from investors. Mutual funds often invest in stocks, bonds and other financial instruments. Mutual funds vary greatly and are designed to match an investor’s goals. Some mutual funds offer higher risk with the potential for higher returns.

Detailed explanation-3: -Managed Investment Account A managed account is a type of investment service which selects a group of funds and packages them in an investment portfolio for an individual. The individual investor owns the account, but it’s overseen by a professional money manager whom they’ve hired on their behalf.

Detailed explanation-4: -A mutual fund is a collective investment vehicle that collects & pools money from a number of investors and invests the same in equities, bonds, government securities, money market instruments. The money collected in mutual fund scheme is invested by professional fund managers in stocks and bonds etc.