India’s first Oil based Mutual Fund will be launched soon…

One more option has been added by the Mutual Fund Houses to the huge pool of types of funds, and this will add to the confusion while selecting the funds. We already have funds based on various sectors - real estate, infrastructure, energy, FMCG, technology…bla bla.. and one more has been added now - OIL! [...]

Financial Term Of The Day - “Mutual Fund”

 Mutual Fund: It’s an investment instrument. Money from a group of people is grouped together and mutually invested in securities like stocks, commodities, bonds, money market instruments and other assets. The profit or loss is shared between the contributors. The person called Fund Manager takes all the decisions of investments. Fund Managers have great knowledge and experience in investing. [...]