What is a Mutual Fund?

"Mutual fund investments are subject to market risks. Please read all the scheme related documents carefully before investing"

This phrase that we often hear, reduces our interest in mutual funds and clouds our mind with fear of losing money. However, there is a lot more to mutual funds than this statement alone and here, we attempt to simplify them!

Mutual Fund = Mutual (Group of people coming together) + Fund (Pooling of money)

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