What is Mutual Fund?
Thus a Mutual Fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed basket of securities at a relatively low cost.
Consequently, mutual funds work on the concept of passive investing in companies where people need not be interested in day-to-day management of the funds but are concerned in the final outcome (returns) of the investment
The Association of Mutual Funds in India (AMFI) is the industry body set up to facilitate the growth of the Indian mutual fund industry. It plays a pro-active role in identifying steps that need to be taken to protect investors and promote the mutual fund sector. A mutual fund should be registered with the Securities and Exchange Board of India (SEBI).
The chart below shows the typical classification of mutual fund schemes on various basis:
Chandrakala family serves the needs of its mutual fund clients with the association of Hem Securities Ltd. We facilitate trading in all types of Mutual funds as per the clients’ requirement.
Chandrakala family will leave no stone unturned to deliver trustworthy services.