Are you aware of Contra Fund?
What is Contra Mutual Fund – fund managers buy shares that are not recognized in the market but in the long run its value increases as the markets recover.
What is Contra Mutual Fund – fund managers buy shares that are not recognized in the market but in the long run its value increases as the markets recover.
Debt funds are mutual funds that invest in fixed income securities such as treasury bills, bonds, government securities, corporate bonds, commercial bills and other money market instruments. In layman terms, when a company issuing debt instruments wants to raise money, it borrows from the investor. As against which they provide a regular and a steady interest.
Equity mutual funds basically are ones which primarily invests in stocks. He basically invests in a basket of stocks and can get benefit of the bunch of stocks and diversify his investment rather than buying a single individual stock and having a concentrated approach. These equity funds invest directly into stocks and give highest rate of return but the risk involved is also higher.
Mutual fund is a pool of money managed by a trust that collects money from a number of investors sharing similar investment objectives and invests the same in equities, bonds, money market instruments, and/or other securities.