What is mutual fund not definition i don't know about mutual fund how could you advice me to take mutual fund?

Question

Accepted Answer

Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of securities.

Mutual funds are managed by professional fund managers.
Investors can buy units of mutual funds, which represent their share in the fund's holdings.
Mutual funds offer diversification, as they invest in a variety of assets like stocks, bonds, and commodities.
They provide access to professional investment management and are suitable for both small and large investors.
Investors can choose from different types of mutual funds based on their investment goals and risk tolerance.
Examples of mutual fund companies include Vanguard, Fidelity, and BlackRock.

Accepted Answer

sir/mam

mutual fund is the pool of money and invest in share/stock market.if you want to invest in the market (for getting better return then FD) but have less knowledge of the market you can invest in mutual fund .In mutual fund a professional fund management who have great or we can say deep knowledge of the market will invest your money in market and manage it according to your risk profile.

What is mutual fund not definition i don't know about mutual fund how could you advice me to take mutual fund?

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