A
mutual fund company is an investment company that receives money from
investors for the sole purpose to invest in stocks, bonds, and other
securities for the benefit of the investors. A mutual is the portfolio
of stocks, bonds, or other securities that generate profits for the
investor, or shareholder of the mutual fund. A mutual fund allows an
investor with less money to diversify his holdings for greater safety
and to benefit from the expertise of professional fund managers. Mutual
funds are generally safer, but less profitable, than stocks, and
riskier, but more profitable than bonds or bank accounts, although its
profit-risk profile can vary widely, depending on the fund's investment
objective.Most mutual funds areopen-end funds,
which sells new shares continuously or buys them back from the
shareholder (redeems them), dealing directly with the investor (no-load
funds) or through broker-dealers, who receive the sales load of a buy or
sell order.The purchase price is the net asset value (NAV) at the end
of the trading day, which is the total assets of the fund minus its
liabilities divided by the number of shares outstanding for that dayJ
Address of Interview : HPCL Biofuels Limited, House No-271, Road No-3E, New Patliputra Colony, Patna, Bihar-800013
HPCL 256 Job at hpclbiofuels.co.in