NJ India Invest Assistant Unit Manager Interview Questions and Answers

A mutual fund is a type of investment vehicle consisting of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments, and other assets.

• Mutual funds are managed by professional fund managers who allocate the fund's assets and attempt to produce capital gains or income for the fund's investors.

• Investors in a mutual fund own shares of the fund...read more

Financial statements are documents that provide information about the financial performance and position of a company.

• Financial statements include the income statement, balance sheet, and cash flow statement.

• They are used by investors, creditors, and management to assess the financial health of a company.

• Income statement shows the company's revenues and expenses over a period of time.

• Balance sheet provides a snapshot o...read more