Mutual Fund
A mutual fund is a pooled investment vehicle where many investors contribute money that is then managed by a professional fund manager. The fund invests in a diversified portfolio of stocks, bonds, or other assets, aiming to generate returns for investors. Mutual funds are categorized based on investment objectives, such as equity funds (stocks), debt funds (bonds), or hybrid funds (a mix of both). They offer convenience, diversification, and professional management, making them a popular choice for both new and experienced investors