WHAT ARE MUTUAL FUNDS:

A mutual fund is an investment vehicle, which pools money from investors with common investment objectives. It then invests their money in multiple assets, in accordance with the stated objective of the scheme. The investments are made by an ‘asset management company’ or AMC.

For example, an equity fund would invest in stocks and equity-related instruments, while a debt fund would invest in bonds, debentures, etc.

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Battles can be lost for a hundred different reasons. Poor numbers, unwise strategy, inferior weapons, the list goes on. But just occasionally, a fighting force overcomes the barriers that should lead to its defeat. Just occasionally, fighting spirit overcomes the odds.