When money from various investors is pooled together to
be invested in company shares, bonds or stocks, a mutual fund is formed.
A mutual fund is then managed to earn the highest possible returns by a
professional fund manager.
A small fee is charged in return for managing the
money by the mutual fund. The decision of investing in any mutual fund
scheme is crucial and one must base this on the financial goal that they
wish to achieve.
All mutual funds are registered with SEBI
(Securities Exchange Board of India) which ensures a safe and secure
mode of investment.
