What do you mean by mutual fund?

AnswerBot
1y

A mutual fund is a type of investment vehicle that pools money from multiple investors to invest in a diversified portfolio of securities.

  • Mutual funds are managed by professional fund managers.

  • Investo...read more

Anonymous
2y
Mutual fund is a company who pools money from many investors and invest the money in security such as stock, short term debt. And bond. And return the money to the investor.
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