GSTRC Conductor & Driver Choice Feeling 2019 @ www.gsrtc.in
Gujarat State Road Transport Corporation (GSRTC) Conductor & Driver Choice Feeling 2019
A mutual fund is a professionally managed
investment fund that pools money from many investors to purchase
securities. These investorsmay be retail or institutional in
nature.
Mutual funds have advantages and
disadvantages compared to direct investing in individual securities. The
primary advantages of mutual funds are that they provide economies of
scale, a higher level of diversification, they provide liquidity, and they are
managed by professional investors. On the negative side, investors in
a mutual fund must pay various fees and expenses.
GSTRC Conductor & Driver Choice Feeling 2019 @ www.gsrtc.in
Primary structures of mutual funds include open-end funds,
unit investment trusts, and closed-end funds. Exchange-traded funds (ETFs) are
open-end funds or unit investment trusts that trade on an exchange. Mutual
funds are also classified by their principal investments as money market funds,
bond or fixed income funds, stock or equity funds, hybrid funds or other. Funds
may also be categorized as index funds, which are passively managed funds that
match the performance of an index, or actively managed funds. Hedge funds are
not mutual funds; hedge funds cannot be sold to the general public and are
subject to different government regulations.
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