Frequently Asked Questions
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What is a mutual fund and how does it work?
Mutual Fund is an investment vehicle that pools money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities. It is managed by a professional fund manager or an investment company.
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How do I choose the right mutual fund for my investment goals?
To choose the right mutual fund for your investment goals, you should consider factors like your risk tolerance, investment time horizon, and financial objectives. You can also seek guidance from a financial advisor who can help you select suitable funds based on your specific requirements.
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What is the minimum investment required for a mutual fund?
The minimum investment required for a mutual fund varies depending on the fund house and the type of fund. Some funds also offer systematic investment plans (SIPs), allowing you to invest smaller amounts at regular intervals.
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Are mutual funds subject to market risks?
Yes, mutual funds are subject to market risks. Since mutual funds invest in securities, the performance of the fund can be influenced by factors such as market volatility, economic conditions, and changes in interest rates.
