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How are Mutual Funds different from portfolio management schemes?

April 26, 2017different Management Mutual funds portfolio Schemes

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How are Mutual Funds different from portfolio management schemes?

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In case of mutual funds, the investments of different investors are pooled to form a common investible corpus and gain/loss to all investors during a given period are same for all investors while in case of portfolio management scheme, the investments of a particular investor remains identifiable to him. Here the gain or loss of all the investors will be different from each other.