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Your colleague and you have just won a lottery to the tune of Rs50M. You are keen to invest this sum of money and are
Your colleague and you have just won a lottery to the tune of Rs50M. You are keen to invest this sum of money and are considering investment in index funds, mutual funds and growth funds as possible alternatives. However, your colleague is not well versed with these investment options. In order to provide him with a better understanding of these funds, explain what these different funds are and highlight their advantages and disadvantages to your colleague. Finally elaborate on and justify your investment option/s
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