Mutual Funds

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Title: Mutual Funds

Essay Details:

Subject: Business

Author:

Date: March 6, 2016

Level: University

Grade: A

Length: 19 / 5511

Essay text:

The investment proceeds are then passed on to the individual investors. The rationale behind a mutual fund is that there are large number of investors who lack the time and or the skills to manage their money. Hence professional fund managers, acting on behalf of the Mutual Fund, manage the investments (investor's money) for their benefit in return for a management fee. The organization that manages the investment is called the Asset Management Company (AMC). Thus a Mutual Fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed basket of securities at a relatively low cost...

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