What is mutual fund ,what is demat account.

Question

Accepted Answer

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

Mutual funds are managed by professional fund managers.
Investors buy units or shares in a mutual fund.
The fund's performance is based on the performance of the underlying securities.
Mutual funds offer diversification and liquidity.
Demat account is an electronic account to hold securities in a dematerialized form.
It eliminates the need for physical share certificates.
Demat accounts are used for trading and investing in securities like stocks, bonds, and mutual funds.
They provide a safe and convenient way to hold and transact securities.
Demat accounts are linked to a bank account for seamless transactions.

Accepted Answer

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