GK
BANKING AWARENESS AND SEBI
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Money fund
|
|
|
Mutual fund
|
|
|
Pension fund
|
|
|
Fund derivative
|
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: -ETFs-Another Way To Diversify Similar to mutual funds, ETFs allow investors to pool their money when investing in stocks, bonds or other assets. However, ETFs differ from mutual funds in that they are traded on the national stock exchange at market prices.
Detailed explanation-3: -A mutual fund is a pool of investments drawn from various individual and institutional investors. Mutual funds require a team of financial experts to manage and generate returns.