Academic MBA Question:
NMIMS Case Study: Ms. Sunita, after completing her graduation, has recently joined a bank. With a steady income now and good growth prospects for her career, she intends to save regularly and increase the amount of savings gradually over the years. Her colleagues in the bank have advised her investing in Mutual Funds (MFs), as a suitable option for her. However, Ms. Sunita is not at all familiar with MFs and has some queries such as:
a. What are mutual funds and why should she be investing through
mutual fund? (5 Marks)
b. What are the various types of mutual funds? (5 Marks) Prepare a
detailed answer for her queries.
Academic Assignment Answer: