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Wednesday, July 6, 2011

Different Types of Mutual Funds

There are various types of mutual funds available to individual investors:

1) Money market fund: This is an open-ended mutual fund that invests in short-term debt securities. It has lower risks as compared to most other investments.

2) Stock fund (or equity fund): This is a fund that invests in equities (common and preferred shares).

3) Bond fund: This is a collective investment scheme that

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