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100+ AIG Hospital Interview Questions and Answers
Updated 17 Jan 2025
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Content Writer InterviewQ101. Mutual fund meaning
Ans.
Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of securities.
Mutual funds are managed by professional fund managers
Investors buy shares of the mutual fund, which represent a portion of the holdings
Mutual funds offer diversification and professional management
Types of mutual funds include equity funds, bond funds, and money market funds
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