Question

What are some advantages of mutual funds?

a.

Professional Management, Diversification, and Transparency

b.

Affordable Administration, Low costs, and Good Return

c.

Sector Funds, Index Funds, and ELSS

d.

Large-cap Funds, Mid/Small Cap Funds, and Balanced Funds

Posted under IC 89 Management Accounting

Answer: (a).Professional Management, Diversification, and Transparency Explanation:Advantages of mutual funds include professional management, diversification, convenient administration, low costs, liquidity, transparency, and good return.

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Q. What are some advantages of mutual funds?
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