Assistant Professor, Dept of Internationals Business Studies, Acharya Nagarjuna University, Guntur, AP
Online published on 5 June, 2014.
The driving force of mutual fund is the safety of the principal guaranteed, plus the added advantage of capital appreciation together with the income earned in the form of interest or dividend. A mutual fund collects the savings from small investors, invest them in government and other corporate securities and earn income through interest and dividends besides capital gains.
