How Does Mutual Fund Work. A Simplified Version

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Asset management companies may have experts within their team. This team of experts can provide a involving shares or bonds are generally expected test and do well. Record typically can have 15-20 shares/securities. This list is referred to mutual fund scheme. Each mutual fund scheme could have a manager and he is called the fund administrator. Example of fund managers is Prashant Jain and he manages the mutual fund scheme called HDFC top 200 and HDFC Equity Fund.

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