Mastering Mutual Funds: A Guide to Various Types and Schemes

Mastering Mutual Funds: A Guide to Various Types and Schemes

Mutual funds, once a small player in the financial market, have risen to wield significant influence in valuing tradable assets like stocks and bonds. As an investor, owning units in a mutual fund means holding a portion of the fund based on your investment amount. The fund’s value appreciation is distributed proportionally to investors after deducting expenses.  While mutual funds offer advantages and disadvantages compared to direct securities investing, they now play a vital role in retirement planning. In this post, we will explore the various types of mutual fund schemes that…

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