A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. The combined holdings of the mutual fund are known as its portfolio. Investors buy shares in mutual funds. Each share represents an investor’s part ownership in the fund and the income it generates.
How To Buy And Sell Mutual Funds
Investors buy mutual fund shares from the fund itself or through a broker for the fund, rather than from other investors. The price that investors pay for the mutual fund is the fund’s per share net asset value plus any fees charged at the time of purchase, such as sales loads.
Mutual fund shares are “redeemable,” meaning investors can sell the shares back to the fund at any time. The fund usually must send you the payment within seven days.
Before buying shares in a mutual fund, read the prospectus carefully. The prospectus contains information about the mutual fund’s investment objectives, risks, performance, and expenses. See How to Read a Mutual Fund Prospectus Part 1, Part 2, and Part 3 to learn more about key information in a prospectus.
This museum showcases different aspects of Gramjivan (village life). Gram means village and jivan means life in the Marathi language. This initiative was the dream of Mahatma Gandhi, and was created through the vision and efforts of Siddhagiri Gurukul Foundation. The history of self-sufficient village life in Maharshtra, before the invasion of the Mughals, is depicted in the form of cement sculptures. Each sculpture is lifelike and represents activities performed in daily village life. There were 12 Balutedars (essentially artisan castes), and 18 Alutedars who provided equipment to carry out domestic and professional tasks.
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