Before investing, it is important to know about Mutual Fund.
This will help you a lot in taking your investment decisions.
In Mutual Fund, the money of many investors is deposited at one place simultaneously.
Mutual Fund companies collect money from their investors. They invest this money in shares.
Mutual Fund companies also charge fees from investors.
Mutual Funds are managed by Asset Management Companies (AMC).
Each AMC usually has many Mutual Fund Schemes.
A mutual fund has a fund manager, who determines the fund's investments and keeps track of profits and losses.
Small investors can invest as little as Rs 100 per month through SIP.
UTI AMC is the oldest Mutual Fund company in India.
Mutual funds should be selected after checking its ratings or by meeting your financial advisor.