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by a trust called asset management company (amc). an amc is also known as a mutual fund house. the fund house has experts, known as fund managers, who are responsible for investing the pooled money. this pooled money is then invested in various assets like equities, debt, corporate bonds, hybrid instruments
, money market instruments like cp, cd, and t-bills to generate returns. difference between sip and mutual fund the systematic investment plan, popular as sip, is one of the methods to invest in mutual funds. the mutual fund is the actual investment vehicle which pools the corpus of money from various...
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