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Article: MUTUAL FUND: INVESTORS SHOULD OPT FOR LONG-TERM PLAN
- Article from:
- The Hindustan Times
- Article date:
- May 5, 2008
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Report from the Assam Tribune brought to you by HT Syndication.
Guwahati, May 5 -- What is the mutual fund? The mutual fund is a fund set up by investment companies known as fund house. The companies collect money from public and corporate bodies, for the purpose of keeping the money in trust and to invest in share market from time to time and distribute the earnings through dividend and redemption of capital by investors.
The mutual fund companies collect a large common pool of money and can invest in number of companies which is impossible for an individual to do. The investment is done through an asset management company under the leadership of a qualified fund manager. The fund ...