state the advantages of mutual fund...
Advantages of Mutual funds are:
1. Diversification: Allows investors with normally limited resources to benefit from the diversification effect to a degree not possible by purchasing individual stocks.
2. Investment objective : Mutual funds offer investors a wide range of choices as defined by fund investment objectives.These choices are consistent with meeting the diverse investment needs and risk preferences of investors.
3. Liquidity and Simplicity : You can sell or buy mutual funds anytime. So mutual funds are good if you want to invest in something which you can liquidate easily.
1. Diversification: Allows investors with normally limited resources to benefit from the diversification effect to a degree not possible by purchasing individual stocks.
2. Investment objective : Mutual funds offer investors a wide range of choices as defined by fund investment objectives.These choices are consistent with meeting the diverse investment needs and risk preferences of investors.
3. Liquidity and Simplicity : You can sell or buy mutual funds anytime. So mutual funds are good if you want to invest in something which you can liquidate easily.