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1. Eqbal Habibi
120633

2. A mutual fund is an investment organization which
uses the savings from a large number of investors in
order to invest it, earn return on it, attempts to
make it grow and agrees to pay interest to the
investors.

3. 1. Operational classification
2. Portfolio based classification

4. Open Ended funds
There is no limit for investment and entry and exit is
not restricted
Close Ended funds
Under this scheme the investment is limited and the
entry is and exit is restricted.

5. Growth oriented
The investors income from the investment is
reinvested in order to grow the money
Income oriented
The investors income will be given to the
investors

6. 1. Mobilizing small savings
2. Investment Avenue
3. Professional management
4. Better liquidity
5. Reduced risks
6. Investment protection
7. High ROI
features

7. 9. Flexibility
10.Tax benefits
12.Economic development