Mutual Fund Investing: A Comprehensive Guide to Growing Your Money Wisely

Sharmavidushi27 Aug, 2024Finance

Mutual funds let people pool their money into a professionally managed investment portfolio. The fund manager selects and manages a diverse mix of assets on behalf of all the investors in the fund. These assets can include domestic and international stocks across market caps, bonds issued by corporations or governments, commodities, cash equivalents, and more. By pooling resources into a bucket of investments, mutual funds provide built-in diversification instead of relying on just a handful of stocks.