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What are mutual funds and how can I invest in it?

Asked 2018-07-03 10:18:39 by Irshad Hamid

Answered by NewsBytes

It's a kind of investment where the mutual fund collects money from you and invest it on your behalf. It will charge you a small amount to manage your money. In case you know enough about mutual funds, you can directly invest in it otherwise you can hire a mutual fund advisor. In India, there are four types of mutual funds.