Definition: a Mutual Fund is a collective investment vehicle where money is pooled from many investors in a single basket and the entire basket is invested by the investment company ("Asset Management Company" (AMC)) in a securities market. Profit and losses earned are reflected in the NAV (Net Asset Value).
MBA Brief offers accurate and concise definitions of MBA concepts, frameworks, methods and models.
We love to keep things really short, but provide links to learn more about your subject and to similar concepts.
© 2021 MBA Brief - Last updated: 6-8-2021 - Privacy | Terms