A mutual fund allows you to pool your money with other investors to buy stocks, bonds and other securities. Because mutual funds typically involve a larger number of asset types, they diversify ...
While some mutual funds are index funds, which aim to track the performance of a specific market index, most are actively managed, meaning fund managers follow an investment strategy to buy and ...
A lock-in period refers to the minimum time frame for which investors are required to hold their investment in a mutual fund. During this period, units cannot be redeemed or sold.