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Mutual fund ?/

 
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Tejas
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PostPosted: Tue Feb 06, 2007 10:39 pm    Post subject: Mutual fund ?/ Reply with quote

Hello every body
What is a Mutual Fund?
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Ideas
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Joined: 05 Feb 2007
Posts: 80

PostPosted: Tue Feb 06, 2007 10:47 pm    Post subject: Mutual fund ?/ Reply with quote

Hello Buddy
A Mutual Fund is a body corporate that pools the savings of a number of investors and invests the same in a variety of different financial instruments, or securities. The income earned through these investments and the capital appreciation realised by the scheme are shared by its unit holders in proportion to the number of units owned by them. Mutual funds can thus be considered as financial intermediaries in the investment business who collect funds from the public and invest on behalf of the investors.
Hope this helps you understand what Mutual Fund is.
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Comtech
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PostPosted: Sat Apr 28, 2007 9:08 pm    Post subject: Which is the best mutual fund Reply with quote

Which is the best mutual fund for low risk okay if that gives low return but I dont want to take risk and loose investment
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PostPosted: Sat Apr 28, 2007 9:10 pm    Post subject: Re: Which is the best mutual fund Reply with quote

Comtech wrote:
Which is the best mutual fund for low risk okay if that gives low return but I dont want to take risk and loose investment

Contact HDFC they have so many schemes that suit your requirement
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