International Journal of Commerce and Management Research

International Journal of Commerce and Management Research


International Journal of Commerce and Management Research
International Journal of Commerce and Management Research
Vol. 1, Issue 1 (2015)

Mutual fund and risk factors associated with it


Rachit Agarwal

A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities. While there is no legal definition of the term "mutual fund", it is most commonly applied to so-called open-end investment companies, which are collective investment vehicles that are regulated and sold to the general public on a daily basis.

Mutual funds may invest in many kinds of securities. The types of securities that a particular fund may invest in are set forth in the fund's prospectus, a legal document which describes the fund's investment objective, investment approach and permitted investments.

Download  |  Pages : 100-102
How to cite this article:
Rachit Agarwal. Mutual fund and risk factors associated with it. International Journal of Commerce and Management Research, Volume 1, Issue 1, 2015, Pages 100-102
International Journal of Commerce and Management Research International Journal of Commerce and Management Research