Any body know complete details about mutual fund or how to i get that because i am doing project in that topi?

Question

Any body know complete details about mutual fund or how to i get that because i am doing project in that topic

or tell the way how to get that.

Answer 1

a mutual fund is basically a series of stocks in one or many sectors which will create a balance in fluctuations that may occur in a single stock(i.e. you could buy 100 stocks of yahoo for $100 or $100 of a mutual fund across the entire internet stock sector if yahoo goes down but other stocks go up the person who bought yahoo would lose money while the person who bought the mutual fund would have made money or lost less even when the mutual fund has yahoo in it because the gains of the other companies outpaced the loss yahoo created)