Chapter 1: What are Mutual Funds?
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Table of Content
Definition and Types of Mutual Funds
- Understand what mutual funds are and explore the various types available, such as equity funds, bond funds, and hybrid funds.
How Mutual Funds Work
- Learn about the process of pooling money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities.
Benefits and Risks of Investing in Mutual Funds
- Examine the advantages, such as professional management and diversification, and the potential risks involved in mutual fund investments.
Fees and Costs Associated with Mutual Funds
- Discover the various fees and expenses that can affect the overall returns of your mutual fund investments.
How to Choose the Right Mutual Fund
- Explore the factors to consider when selecting a mutual fund, such as investment objectives, risk tolerance, and past performance.