What are mutual funds?
A Mutual Fund (MF) is formed when capital collected by various investors is invested in purchasing company shares, stocks, or bonds. Shared by thousands of investors, mutual funds investments are collectively managed by a professional fund manager to earn the highest possible returns. This is how mutual funds work, not only in India but, anywhere in the world.Types of Mutual Funds
Mutual Funds are broadly classified into Debt, Equity, Hybrid, and tax-saving funds. You can choose the fund(s) based on your investment portfolio.Benefits of Mutual Funds
Investing in Mutual Funds with calculated risk offers higher returns than conventional options like PPF, NSC, and FDs.