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Mutual funds in India. 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...
Mutual funds are a good investment tool for beginner investors since they are affordable and accessible. Investors should choose a mutual fund based on their financial goals and desired...
A mutual fund is a collection of assets held by multiple investors for the purpose of investing. The fund most often consists of a mixture of stocks, bonds, cash, and other securities, and is...
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.
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.