GPSC EXAM CALENDAR 2019
This file is a GPSC. Please download the paper because this file uses your feature post and practice of all government and private job. We provide information about a new job like government sector and private sector we also distribute the job related and post vise material like Gujarati grammar English grammar history of Gujarat history of India maths reasoning science computer Gujarati literature Indian literature Gujarat geography Indian geography current affairs.
A mutual fund is both an investment and an actual company. This may seem strange, but it is actually no different than how a share of APL is a representation of Apple, Inc. When an investor buys Apple stock, he is buying part ownership of the company and its assets. Similarly, a mutual fund investor is buying part ownership of the mutual fund company and its assets. The difference is Apple is in the business of making smartphones and tablets, while a mutual fund company is in the business of making investments. Mutual funds pool money from the investing public and use that money to buy other securities, usually stocks and bonds. The value of the mutual fund company depends on the performance of the securities it decides to buy. So when you buy a share of a mutual fund, you are actually buying the performance of its portfolio.
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