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Latest revision as of 23:33, 19 June 2017

All you have to do is choose suitable schemes offered the actual asset management companies, load a form and write a check. They then will invest your money proportionately in all the 15-20 shares/ securities specified by the mutual fund scheme. You will get a folio number (account number) and periodic statements.

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Asset management companies could have experts inside their team. This team of experts will create a regarding shares or bonds which usually are expected for you 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 will have a manager and called the fund forex broker. Example of fund managers is Prashant Jain and then he manages the mutual fund scheme called HDFC top 200 and HDFC Equity Fund.

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