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Importance of Mutual Funds SEC Pakistan

Mutual funds is an investment vehicle that is made up of a collection of funds from different investors for the purpose of investing in securities such as bonds, stock market, money market instruments and similar assets.

ADVANTAGES OF MUTUAL FUNDS

  • Investment in mutual fund schemes entitles the investor to avail tax credit that enhances the overall return on their savings.
  • Mutual funds accommodate investors who do not have a lot of money to invest by setting relatively low Rupee amounts for initial purchases and subsequent monthly purchases.
  • Mutual fund unit holders can readily convert their units into cash on any working day.
Importance of Mutual Funds SEC Pakistan

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