MUTUAL FUNDS
There are many theories and techniques about how to choose a winner, how to separate the wheat from the chaff. Some are homegrown, others are technically sophisticated. A Mutual Fund is a trust that pools together the savings of a number of investors who share a common financial goal. The fund manager invests this pool of money in securities, ranging from shares, debentures to money market instruments or in a mixture of equity and debt, depending upon the objective of the scheme. Thus a Mutual Fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed basket of securities at a relatively low cost. The world of finance is becoming increasingly complex by the day. The investor today has a plethora of options. Equity, debt, futures, options etc. are some of them. The complexity is further accentuated by institutionalization of markets and excessive volatility. Add to this the rapid pace of change engulfing the businesses and the impact of technology on the financial services sector, making them more difficult to understand and analyze. These developments have marginalized the retail investor. One of the option is available to the investor is mutual funds.
WHY MUTUAL FUNDS?
1. Diversification and Lowered Risks
2. Transparency
3. Low Costs
4. Professional Management
5. Liquidity
6. Flexibility
7. Choice of Schemes
8. Tax Benefits