Mutual Funds

Presented by: Sunny Maghnani (16146)

What are Mutual Funds?

Mutual funds are basically a large public

portfolio that accepts funds from members

and then use these funds to purchase
securities.

Mutual Funds are Non-Depository

Because they do not take or offer time

deposit.
Funds can be withdrawn at any time without

any advance notice to the depository

institution.

Broad Category of Mutual Funds

Open-ended Funds

Investors can buy and sell the units from the

fund, at any point of time. These are not listed
on the stock exchanges.
Close-ended Funds

These funds raise money from investors only

once. These are listed on the stock exchanges.

Further Classification of Mutual

Funds
Equity funds
Balanced funds
Debt Funds

Mutual Funds in Pakistan

In 1962, National Investment Trust first

introduced the open-end mutual fund.