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Comparative Analysis about Mutual Fund Investments among Generation X and Generation Y Investors
Authors
Mr. Rushit A Desai, Dr. Veena Pradip Bhosale
Abstract
A mutual fund is an investment security that allows investors to pool their money into one professionally managed investment. Mutual funds can invest in stocks, bonds, cash or a combination of these assets. Basic types of securities, called holdings, are combined into one mutual fund, also called a portfolio.
Mutual funds are the most popular types of investments for the everyday investor. Why? Because they are simple investments to understand and easy to use - in many ways they are 'investments for dummies'. In fact, if you're not already one of the millions of mutual fund shareholders, you'll only need to take about two or three minutes out of your day to read this article and you'll be ready to start investing.
Moreover, the simplicity of investing in mutual funds is not only attractive to novice investors; the affordability, versatility and easy-to-understand structure of mutual funds create powerful investment vehicles for all kinds of investors, including professionals, and can be suitable for a variety of savings and investment goals, including college and retirement.
Keywords
Mutual Fund Investments, Investors
Citation
Comparative Analysis about Mutual Fund Investments among Generation X and Generation Y Investors. Mr. Rushit A Desai, Dr. Veena Pradip Bhosale. 2024. IJIRCT, Volume 10, Issue 1. Pages 1-6. https://www.ijirct.org/viewPaper.php?paperId=2401017