Mutual Funds

Mutual funds are collective investment schemes that pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities. Managed by professional money managers, these funds aim to achieve specific financial objectives, such as income generation or capital growth, by strategically buying and selling assets. Mutual funds offer advantages like professional management, diversification, and accessibility, making them suitable for investors who may not have the time or expertise to manage individual securities. They are available in various forms, including actively managed funds, which strive to outperform market indexes, and passively managed funds, which aim to replicate the performance of a specific index.