3. Mr. Kumar wants to invest his savings in mutual funds. However, he is completely unfamiliar about

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3. Mr. Kumar wants to invest his savings in mutual funds. However, he is completely unfamiliar about how to go about it. He approaches you, a wealth advisor in the bank where he holds his savings account.

a. Explain to him the basics of mutual fund and describe any five kinds of mutual funds which are available in the market.

The answer should be a min of 400 Words. Or else the university will not consider it.

Related Book For answer-question

Business Forecasting with ForecastX

ISBN: 978-0073373645

6th edition

Authors: Holton wilson, barry keating, john solutions inc

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Posted Date: Mar 22, 2020 11:39 AM

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3. Mr. Kumar wants to invest his savings in mutual funds. However, he is completely unfamiliar about

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mutual funds are collection of funds collected by different clients and invested by investing agencies on the half of clients in equity markets and debt markets and money markets Investment agencies a... View the full answer

Business Forecasting with ForecastX

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