Indian Money reviews on Investing Mutual Funds
Indian money reviews mutual fund bangalore pools your and other investor’s money, making an investment in debt instruments, equities, money market instruments and so on, depending on the type of mutual fund. The mutual fund is managed by a fund manager. Mutual funds are classified as open and closed-ended mutual funds, on the basis of the structure of the fund.
You also have open-ended mutual funds and closed-ended mutual funds. In open-ended mutual funds, the NAV changes each day, because of market fluctuations. Open-ended mutual funds are bought and sold as per demand. Closed-ended mutual funds issue a fixed number of units which are traded on the stock exchange. Closed-ended mutual funds can be traded at a premium or discount to NAVs.
Want to know more on Mutual Funds? We at IndianMoney.com will make it easy for you. Just give us a missed call on 022 6181 6111 to explore our unique Free Advisory Service. IndianMoney.com is not a seller of any financial products. We only provide FREE financial advice/education to ensure that you are not misguided while buying any kind of financial products.