Flexible Product: A mutual fund is flexible in terms of the time of entry and exit (open end funds) and lets the investor decide about how much to invest, when to invest, etc.
Variety: The mutual fund invests in a large variety of asset classes and there are various funds according to different investment objectives.
Regulations: In India, mutual funds are regulated by the Securities and Exchange Board of India (SEBI) and the Association of Mutual Funds in India (AMFI).
Tax Benefits: ELSS mutual funds offer tax benefits to its investors on investments upto Rs.1,50,000.
