How Does Mutual Fund Work. A Simplified Version
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Asset management companies can have experts regarding team. This team of experts can create a regarding shares or bonds have got expected to attempt to do well. Record typically could have 15-20 shares/securities. This list is in order to as mutual fund scheme. Each mutual fund scheme can have a manager and she is called the fund manager. Example of fund managers is Prashant Jain and the manages the mutual fund scheme called HDFC top 200 and HDFC Equity Fund.
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