Feb 06, 2017 06:35 PM
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HI, I am hiren and I want to say some thing about mutual funds, we all well known mutual funds depends on market risks, mutual fund is a system of investment, there are verious kind of mutual funds.SIP mutual fund and LUMPSUM mutual funds. first in SIP mutual fund is a systemetic investment plan, this plan is working for long term, like three years to ten years around, and lumpsum plan is working for short term like one year, but in that case long term funds can give more profits better then short term, generally mutual fund depends upon market means stock market, in this stretagy they are working some kind of, in market purchase the various type of shares in listed or good companies, and stay for long time till the market value is up and gained, then after they sell the units and get the gain in market, mutual concepts is working large scale map. in this year around 12 lack crore. its a good adventure for investment, and earning a gain