Mutual fund

A mutual fund is a type of investment vehicle that pools money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities. Mutual funds are managed by professional fund managers who make investment decisions on behalf of the investors. By investing in a mutual fund, individuals can access a diversified portfolio of securities that may be difficult to achieve on their own. Mutual funds offer investors the opportunity to participate in the financial markets with relatively low investment amounts and benefit from professional management and expertise. Investors can choose from a variety of mutual fund options based on their investment goals, risk tolerance, and time horizon. Mutual funds are a popular investment choice for individuals looking to build wealth, save for retirement, or achieve other financial goals.