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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 who make investment decisions on behalf of the investors.
Investors buy units or shares of mutual funds, which represent their ownership in the fund's assets.
Mutual funds offer investors the opportunity to invest in a wide range of asset classes, such as stocks, bonds, and commodities.
They provide diversification, liquidity, and professional management to individual investors who may not have the time or expertise to manage their own portfolios.
Returns from mutual funds are based on the performance of the underlying securities held by the fund.
Fees and expenses, such as management fees and operating expenses, are charged to investors for managing the fund.
Mutual funds can be open-ended or closed-ended, with open-ended funds allowing investors to buy or sell units at any time.
Examples of mutual fund companies include Vanguard, Fidelity, and BlackRock.

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