types of mutual funds

MFATT: Types of Mutual Funds

A Mutual Fund is a collective investment scheme that pools investors monies to form the source for investments in various securities depending upon the investment objective of the scheme eg. equities, bonds, money market instruments, other financial securities.   For investors who would like to invest in mutual funds, where do they start? The number of funds is so large and investment programs so varied, that investors could become overwhelmed. Generally speaking, there are four broad types of mutual funds; […]