What are Mutual Funds – Different Types of Mutual Funds

what are mutual funds, definition, types,apps
Index Pakistan

Mutual Fund Defination/Meaning:

A Mutual Fund is a fund in which a company pools money from many investors and invests the money in securities such as stocks, bonds, short-term debt and in different projects and when they get the profit they return the investment to its shareholder their initial investment with profits. Investors buy shares in mutual funds. Each share represents an investor’s part ownership in the fund and the income it generates.

Management:

Mutual funds are managed by professional money managers who allocate fund’s assets to produce gain and capital from investors.

Earn 2,00,000 Rs Here:

Mutual Funds Benefits:

Mutual funds provide many benefits. Some are given below:

  • Mutual funds make investment easy.
  • No need to gain knowledge about stocks or money managments : let the professionals do their work
  • Investors can focus on other things
  • In pakistan investment in Mutual Funds start from as low as 500 Rs.
  • Diversification
  • Affordability
  • Low risk
  • Online Mobile and PC application available to use and invest.

Types of Mutual Funds in Pakistan:

Mutual Funds are of many types. Some of them are given below:

Types of mutual funds
  • Commodity Fund
  • Fixed Income Fund
  • Islamic Funds
  • Asses Allocation Fund
  • Balanced Funds
  • Funds of Funds

Top Mutual fund in Pakistan:

Here is the list of top mutual funds in Pakistan:

  • NBP Government Securities Liquid Fund
  • NBP Money Market Fund
  • Pakistan Cash Management Fund
  • Faysal Money Market Fund
  • Askari Sovereign Cash Fund
  • HBL Cash Fund
  • UBL Cash Fund
  • Pakistan Cash Management Fund
  • ABL Cash Fund
  • NBP Money Market Fund
  • Alfalah GHP Money Market Fund
  • UBL Money Market Fund
  • JS Cash Fund

Which Bank Provides Mutual Funds In Pakistan:

Here is the list of some of the top banks that provide mutual funds services in Pakistan:

  • Habib Bank Limited
  • United Bank Limited
  • Askari Bank ltd
  • Js Bank
  • Mcb Bank
  • Meezan Bank

How to Invest In Crypto From Pakistan-Click Here.

7 Best mutual fund apps for direct investment in Pakistan:

Here is the list of some of the top Best mutual fund apps for direct investment in Pakistan:

  • iSave
  • Hbl Funds
  • Al-Meezan Investment
  • NBP Funds
  • Ubl Funds Smart Saving
  • ABL Funds
  • Alfa Invest
Breakdown Price of Petrol in Pakistan - 2021
Breakdown Price of Petrol in Pakistan – 2021

The price of petrol you pay is an accumulation of several components. Let’s understand some of them by breaking petrol’s price. Earn money from home in Pakistan: Price of petrol: Today the price…

forex,crypto trading course in urdu
Forex, Crypto Trading and Stock Trading Courses in Urdu

Below you can find a course which will help you to start trading, investing. These courses are created so a layman person can easily understand these different trading and investing platforms. These c…

How to register a Private Company in Pakistan 2021
How to register a Private Company in Pakistan 2021

Guide Links To Register Company: There are a lot of reasons why to invest in Pakistan. Some of its prime benefits include low competition, a huge population, and a rapidly growing economy. In this art…

2 thoughts on “What are Mutual Funds – Different Types of Mutual Funds”

  1. Pingback: Best Online Investment Apps in Pakistan, 2021 - Fully Explained

  2. Pingback: Open ETSY account in Pakistan - Step Wise Tutorial

Leave a Reply

Your email address will not be published. Required fields are marked *