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Showing posts with label Exit Load. Show all posts
Showing posts with label Exit Load. Show all posts

Saturday, August 18, 2012

Know more about Mutual Funds and their hidden costs

What are Mutual Funds
An investment vehicle that is made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. Mutual funds are operated by money managers (mostly on a chargeable basis), who invest the fund's capital and attempt to produce capital gains and income for the fund's investors. A mutual fund's portfolio is structured and maintained to match the investment objectives stated in its prospectus.

Are they part of your Portfolio
If you are new to your journey towards financial freedom, you may be having some inhibitions

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