A mutual fund is a type of professionally managed investment fund that pools money from many investors to purchase securities. While there is no legal definition of the term “mutual fund”, it is most commonly applied only to those collective investment vehicles that are regulated and sold to the general public.
Invest in a wide range of Mutual Funds with a complete control over your Mutual Fund investments. Agents selling Mutual Funds often use jargon that investors find difficult to comprehend. Steering away from complicated terms, we explain the basics of mutual funds – how they work, and how best they can serve as an investment tool. So whether you are planning for your house, child’s education or marriage, your car or vacations, Mutual fund is a simple, tax efficient and effective tool to invest for these goals. Besides, Mutual funds offer a wide bouquet of investment options – equity schemes, fixed income schemes, money market schemes, hybrid schemes, ETFs etc. which you can choose as per your needs.