KBC 13: With reference to investment Equity, Debt and Hybrid are terms linked with what?
Answer: Mutual Funds
A mutual fund is a professionally managed investment fund
that pools money from many investors to purchase securities. The term is
typically used in the United States, Canada, and India, while similar
structures across the globe include the SICAV in Europe ("investment company
with variable capital") and open-ended investment company (OEIC) in the UK.
Mutual funds are often classified by their principal
investments: money market funds, bond or fixed-income funds, stock or equity funds,
or hybrid funds. Funds may also be categorized as index funds, which are
passively managed funds that track the performance of an index, such as a stock
market index or bond market index, or actively managed funds, which seek to
outperform stock market indices but generally charge higher fees. Primary
structures of mutual funds are open-end funds, closed-end funds, unit
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