Meaning anddefinitionof mutualfund
❖Mutual fundis a poolof moneycollectedfrompublicto be
investedtorealizespecificinvestetmentobjective oftheinvester.
❖Praveen n,sharoffdefinesmutual fundas aportfolioof stock
marketsharesand other financialinstrumentbuiltmutualn
fundcolldctedforsmall investorswhose of primaryconcermis
security ofinvestment.
Mutual fund
•Mutual fund is an investment pools
whereinvesterscombinetheirmoneytobyadiversemixof
stocks,bonds,orotherassests,managedbyproofessionals