Q&A: mutual fund

Question: #1: Mutual Fund?
(Q1)Everybody talks about investing money in Mutual Fund.suppose, you want to invest some money in Mutual Fund (CLOSE ENDED for 3 years say) (say in HDFC Tax saving Mutual Fund). How you will be paid your return after 3 years ?does the Mutual Fund company AUTOMATICALLY sends your profit(if any) by cheque to your home address ?who pays the return(profit) ? i am confused, how one will get the return(profit) ?(Q2)Now suppose,suppose, you want to invest some money in Mutual Fund (OPEN ENDED i.e you can withdraw money at any time...right ?) . now, say you want to discontinue after 3 Months.what you have to do ? i have read ...you have to "sell the Mutual Fund" ....but selling to whom ? how do i get the customer to sell?is it necessary to sell ?if i dont sell but want to withdraw what will happen ?very much confused.-------------------------------------------can you please clarify my some more doubts ?which is better mode of investment ?(1)with dividend or without dividend ?(2)close ended or open ended ?--------------------------------------i have also read a fact , that suppose you invested some mone to a MF fund company. but the MF company ruined and could not survive....thats means, you are not getting any profit...right ? your money is gone....correct ?well ok....but the most stunning fact and dangerous thing i have read is that you have to sell your furnitures,TVs,Computers and other household things to pay off the MF company . because , they say,...you too have the liability as the company ruins so you also ruin.is this fact true ? - asked by sanko

Answer: ... - answered by: muncie birder
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Question: #3: Cashing out a mutual fund and owing the IRS?
I cashed out a $6,000 mutual fund and know I will owe a lot on my 2008 taxes. How can I start "paying back" the IRS now to avoid dept in April? I've started contributing more to my 401K to lower my taxable income and I've increased my W4 contributions to claim 0 and take out $50 extra per pay check. Any other suggestions? - asked by Alyssa

Answer: ... - answered by: The Robster
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Question: #5: What is a good mutual fund to put my money in?
I'm a 24 year old recently graduated from college and got a job.. I want to start saving up and while the money is not being used for anything, I though I might as well put it to work. So what is a good mutual fund to put my money in? - asked by Carbonbased Lifeform

Answer: ... - answered by: myersei
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Question: #7: What is the difference between a blend, value, andgrowth mutual fund? What is the best fund?
Can anyone tell me the difference between a blend, value, and growth mutual fund. Also in any kind of mutual fund, what is the best one to buy? Include what fund and what kind (blend, value, or growth), and why. Also include personal experiences if possible. - asked by TheOCSurf07

Answer: ... - answered by: Puzzleman
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Question: #9: How to decide which is the best mutual fund toinvest in India. please also give answers tofollowing.?
1.How to study mutual fund performance.2.What are different types for example growth fund or reinvestment. Which one is better3.At the moment which one is best option.4.Some good web sites which will give reliable information on Mutual funds and how they are doing. - asked by sgeo786

Answer: ... - answered by: CaptAnil
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Question: #11: What happens to my mutual fund shares if themutual fund company goes bankrupt?
I have my money invested in several mutual funds with a large mutual fund company. What happens if said mutual fund company goes bankrupt, maybe after fraud or an accounting scandal? Is my money insured in any way, or is it gone? - asked by AxelBoldt

Answer: ... - answered by: jeff410
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Question: #13: What is the best way to pick a long term mutualfund?
I am a 25 year old looking to invest 10K in mutual funds. I am not planning on touching it for many years to come. What is the best way to pick a long term mutual fund? - asked by David J

Answer: ... - answered by: Kyle B
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Question: #15: What is a good mutual fund to invest in?
I am looking to invest in a mutual fund. Do you now any mutual funds with consistent high yields? - asked by Neil P

Answer: ... - answered by: Chad
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Question: #17: Is it hard to start your own mutual fund?
Being 23 yrs. old and relatively new to the world of financial markets, I of course am not presumptous enough as to think I am ready to start the next Vanguard chain of mutual funds.But with such a passion for stocks, it certainly seems a possibility I might consider pursuing someday.What exactly are the main steps in putting together a mutual fund (including federal regulations, advertising techniques, and the chances of 1 new mutual fund getting noticed in a sea of over 40,000 existing ones)?Thanks for your help! - asked by Matt Humberto

Answer: ... - answered by: John D
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Question: #19: What's the difference between variable annuitysold by mutual funds and simple income fund?
Aren't annuities from mutual fund companies based on their mutual funds? - asked by Grassroots

Answer: ... - answered by: Michael K
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Question: #21: What does a company gain by offering a consumer aCD account or a mutual fund?
These types of accounts (CDs and Mutual funds) are said to have higher interest rates that the account holder can benefit from than a normal savings account , but what's in it for the company offering the CD or the Mutual fund ? - asked by MIT slagsmal

Answer: ... - answered by: jeff410
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Question: #23: What is the difference of mutual and equity fund?
I live in the philippines and what to invest some of my money . which company should I talk to? which is better of the two(equity and mutual fund)? - asked by Jescie P

Answer: ... - answered by: SpookyFox
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Question: #25: How could I start a MUTUAL FUND at age 14?
How could I start a MUTUAL FUND at age 14? Me and my friend are very entreprenuric and have been studying this stuff all are lives and know a lot of contacts and people who do these kind of things. - asked by Investing Beginner

Answer: ... - answered by: what?
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Question: #27: How does me cashing in on my mutual fund effect myincome tax return?
I just cashed in about $1000 of my mutual fund, and I just wanted to know if it will effect my income tax return. - asked by ceza_us

Answer: ... - answered by: gelene76
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Question: #29: which is the best mutual fund or equity I caninvest Rs 100000 on any five with and withoutrisk?
I need to known five mutual fund or equity to invest Rs 100000 and what will past history of there return if possible . - asked by furtado g

Answer: ... - answered by: sarbjit
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