Insurance

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How do mutual funds work?

Investors buy units of the mutual fund. The fund manager uses the pooled money to invest in assets. Profits or losses from the investments are proportionally shared among the investors based on their holdings.

How do I choose the right mutual fund?

Assess your financial goals, risk tolerance, and investment horizon.
Research the fund’s performance, expense ratio, and fund manager’s track record.
Compare funds within the same category.

What are the benefits of investing in mutual funds?

Professional management.
Diversification.
Liquidity (can be easily bought or sold).
Accessibility (low minimum investment).
Potential for higher returns compared to traditional savings options.

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