What Is a Mutual Fund?
📘 What Is a Mutual Fund? A mutual fund is a type of investment where money from many investors is pooled together and invested in different assets like stocks, bonds, or gold . A professional fund manager handles these investments to try and generate profits for everyone. In simple words, it’s like a big basket where everyone puts in money, and an expert manages that basket to grow the total value. 🔎 Why Are Mutual Funds Popular? ✅ Easy for beginners – No need to pick stocks yourself ✅ Diversification – Your money is spread across many companies or assets ✅ Low investment – You can start with as low as ₹100 via SIP ✅ Managed by experts 📂 Types of Mutual Funds Type Where it invests Risk Level Equity Mutual Fund Stocks/Equity Market High Debt Mutual Fund Government bonds, Corporate bonds Low to Medium Hybrid Fund Mix of stocks + bonds Medium ELSS (Tax Saving...