WHAT IS A MUTUAL

FUND ?


 “A mutual fund is a collective

investment scheme, which
specializes in investing a pool of
money collected from many
investors for the purpose of
investing in securities such as
stocks, bonds, money market
instruments and similar assets”
 BRIEF HISTORY OF MUTUAL
FUNDS

•
The mutual fund industry was
born in the United States IN
1920s.


• National investment trust NIT was

the first mutual fund in Pakistan,
it was founded in 1962.
•

T
Y
P
E
S
ADVANTAGES
OF
MUTUAL FUND
INVESTMENT
D
R
A
W

B
A
C
K
S
 NAFA
 NAFA is a Non-Banking Finance
Company with a license to perform
Asset Management Services as
per the NBFC Rules, 2003.
•
NAFA AT
E
C
O
N
O
M
I
C
C
R
U
N
H
 CONCLUSION

With sound economic growth,
higher corporate earnings and a
buoyant stock market, it is
expected that mutual funds would
continue as an attractive
investment avenue for investors.