What are Mutual Funds?
Mutual Funds pool the money of several investors and invest this in stocks, bonds, money market instruments and other types of securities.
Mutual funds are considered as one of the best available investments as compared to others,
they are very cost efficient and also easy to invest in, thus by pooling money together in a mutual fund,
investors can purchase stocks or bonds with much lower trading costs than if they tried to do it on their own.
But the biggest advantage to mutual funds is diversification, by minimizing risk & maximizing returns