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You can buy a mutual fund for nearly any type of investment, from small stocks in emerging countries to health care stocks to long-term bonds.
The first introduction of a mutual fund in India occurred in 1963, when the Government of India launched the Unit Trust of India (UTI). [1] Mutual funds are broadly categorised into three segments: equity funds, hybrid funds, and debt funds.
Mutual funds are a popular way to invest, and if you have a 401 (k) or other workplace retirement plan, you probably own some. But mutual funds can be misunderstood. Here are four common...
A mutual fund is a type of investment consisting of stocks, bonds or other securities. The benefits of mutual funds include professional management and built-in diversification.
A mutual fund is an investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK.
The Fidelity Magellan Fund (Mutual fund: FMAGX) is a U.S.-domiciled mutual fund from the Fidelity family of funds. It is perhaps the world's best-known actively managed mutual fund, known particularly for its record-setting growth under the management of Peter Lynch from 1977 to 1990.
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