A mutual fund is a professionally-managed investment
scheme, usually run by an asset management company that brings together
a group of people and invests their money in stock, bonds and other
security. Desecration: As an investor, you can buy mutual fund 'unit',
which basically represent your share of holdings in a particular scheme.
These units can be purchased or redeemed as needed at the fund's
current net asset value (NAV). These NAVs Keep fluctuating according to
the fund's holdings. So,each investors participates proportionally in
the gain or loss of the fund.
