Mutual Fund is a common pool of money collected from a lot of people which is used
by an experienced fund manager who invests the money in securities such as stocks,
bonds, money market instruments, and other assets. Not many people are experienced
in investing directly in the Equity market. Mutual funds are a boon to the investor
who doesn’t have enough knowledge to invest directly in the market but wants to
take a risk and gain higher returns from the market. Many investors, individuals
and entities, invest money in these schemes or funds to generate better returns.