A mutual fund is an investment option in the market. In a mutual fund, the investment amount is pooled in from various investors. Then the money is invested in a variety of underlying securities. In ratio to their investment amount, a mutual fund house issues unit of mutual funds to the unitholders. If you’re investing If you’re investing in a mutual fund, remember to read the fund’s investment objective in the offer document. Profits or losses are proportionately distributed to the unitholders. Before it can collect funds from the public, mutual funds in India must be registered with the Securities and Exchange Board of India (SEBI).
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