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A mutual fund company is an investment company that receives money from investors for the sole purpose to invest in stocks, bonds, and other securities for the benefit of the investors. A mutual is the portfolio of stocks, bonds, or other securities that generate profits for the investor, or shareholder of the mutual fund. A mutual fund allows an investor with less money to diversify his holdings for greater safety and to benefit from the expertise of professional fund managers. Mutual funds are generally safer, but less profitable, than stocks, and riskier, but more profitable than bonds or bank accounts, although its profit-risk profile can vary widely, depending on the fund's investment objective.Most mutual funds are open-end funds, which sells new shares continuously or buys them back from the shareholder (redeems them), dealing directly with the investor (no-load funds) or through broker-dealers, who receive the sales load of a buy or sell order.The purchase price is the net asset value (NAV) at the end of the trading day, which is the total assets of the fund minus its liabilities divided by the number of shares outstanding for that day
Now let's think twice before fetching 'Enjoy' by placing images of luxury cars, bungalows or foreign tours on facebook, instagram or twitter. To reach the source of black money, the agencies, including income tax department, have begun to take the support of social media.By next month, the project, named 'Insight' will be started. It is also reported that the government has taken the help of Social Media's Expert Data Analyst for this project. These experts will scuttle active users in social media and inform the government that who has the potential to have more wealth than revenue.
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