Mutual Funds
A mutual fund is a professionally managed investment vehicle that pools money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other assets. Managed by fund managers, mutual funds aim to generate returns based on specific investment objectives, such as growth, income, or stability. They offer advantages like diversification, professional management, and ease of investment, making them suitable for both beginners and experienced investors. Mutual funds can be categorized into different types, including equity funds, debt funds, hybrid funds, and index funds, each catering to different risk appetites and financial goals. Investors can buy or sell mutual fund units at the fund’s Net Asset Value (NAV), which is calculated daily based on the market value of its holdings.