A mutual fund is an investment vehicle made up 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. These funds are managed by professional portfolio managers who allocate the fund's assets and attempt to produce capital gains or income for the fund's investors.
Mutual funds offer investors a way to access diversified investment portfolios, professional management, and the potential for returns based on the fund's performance. They are a popular choice for investors seeking a hands-off approach to investing while still participating in the financial markets.
