Mutual Funds are an established and proven investment avenue. Let’s understand more about mutual funds by looking at the basic setup of Mutual Funds and the types of funds which will deepen your understanding to consider mutual funds as an investment vehicle.

What is a Mutual Fund?
A mutual fund is a financial intermediary that allows a group of investors to pool their money together with a pre-determined investment objective. The MF fund manager is responsible for investing the collected money into specific securities (stocks or bonds) under a particular scheme (with an investment objective). When you invest in a mutual fund, you are buying units or portions of the mutual fund scheme and thus become a shareholder or unit holder of the fund.

Mutual funds are considered as one of the best available investments as compared to others and are cost efficient and easy to invest in, thus by pooling money together in a mutual fund, investors can purchase stocks or bonds with much lower trading costs than if they tried to do it on their own. Diversification by minimizing risk & maximizing returns is the biggest advantage with mutual funds.

UTB Offering
At UTB, we offer you multiple platforms to make investments in Mutual Funds convenient. These include:

• Offline subscription accompanied by a cheque
• Subscription through your trading account on the platform provided by the stock exchanges.
• Mutual Fund Units as margin for Funding
• MF Holdings & valuation statement, that can now be viewed along with the Equity Holdings and valuation statement