What is a mutual fund?
A mutual fund pools money from investors and invests according to the scheme objective. Schemes may invest in equity, debt, hybrid or other permitted assets.
Common concepts
- NAV
- SIP and lump-sum investing
- Expense ratio
- Exit load where applicable
- Risk and return
- Diversification
SIP
A SIP is a method of investing a chosen amount at regular intervals. It is not a guarantee of profit.
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