A mutual fund is made up of 100 stocks.
Hence, Option C is correct.
What do you mean by Mutual fund?
- A mutual fund is nothing more than a money management system that is established via the expert investment of public funds.
- Mutual funds generally come in two varieties, including:
- Closed-ended Fund: This type of fund has a set maturity time, typically between three and fifteen years.
- An open-ended fund is one that accepts subscriptions throughout the entire year.
- A mutual fund business invests the money after it has accumulated in accordance with the needs of the investors who formed the pool.
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