News From Press Your Questions Answered: I am working with an MNC and want to invest in passive mutual funds. Please elaborate on it

Your Questions Answered: I am working with an MNC and want to invest in passive mutual funds. Please elaborate on it

Source:Mint Apr 6, 2024

Q. I am a fresher working with an MNC as an accounts executive. My family has been investing in gold and fixed deposits traditionally. Most of my colleagues in the office invest in mutual funds and have suggested that I should explore passive mutual funds. Can you please elaborate on what passive mutual funds are and the benefits of investing in passive mutual funds?

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