REVNUE TALATI MANTRI MODEL PAPER BY GK MYOJASUPDATES
A mutual fund is a professionally managed that pools money from many investors to purchase These investors may be retail or institutional in nature. Mutual funds have advantages and disadvantages compared to direct
investingng in individual securities. The primary advantages of mutual funds are that they provide economies of scale, a higher level of diversification, they provide liquidity, and they are managed by professional investors. On the negative side, investors in a mutual fund must pay various It remains unclear whether mutual fund management can reliably produce an increase in investment returns exceeding these fees and expenses.
investingng in individual securities. The primary advantages of mutual funds are that they provide economies of scale, a higher level of diversification, they provide liquidity, and they are managed by professional investors. On the negative side, investors in a mutual fund must pay various It remains unclear whether mutual fund management can reliably produce an increase in investment returns exceeding these fees and expenses.
Mutual funds were introduced to the United States in the 1890s. Early U.S. funds were generally closed-end funds with a fixed number of shares that often traded at prices above the portfolio The first open-end mutual fund with redeemable shares was established on March 21, 1924 as the Massachusetts Investors Trust. (It is still in existence today and is now managed
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