What is mutual fund?

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A mutual fund is a type of investment vehicle consisting of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments, and other assets.

Mutual funds are managed by professional fund managers who allocate the fund's assets and attempt to produce capital gains or income for the fund's investors.
Investors in a mutual fund own shares of the fund, which represent a portion of the holdings of the fund.
Mutual funds offer diversification, liquidity, and professional management to individual investors who may not have the time or expertise to manage their own investment portfolios.
Examples of mutual fund companies include Vanguard, Fidelity, and BlackRock.

What is mutual fund?

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