Academic MBA Question:
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Question Para: Mr. Kumar wants to invest his saving in mutual funds. However, he is completely unfamiliar how to go about it. He approaches you, a wealth advisor in the bank where he holds his savings account.
a. Explain him the basics of mutual fund and describe any five kinds of mutual funds which are available in the market.
b. Enumerate the advantage and disadvantages associated with investing in the mutual fund.
Academic Assignment Answer: