A mutual fund is a type of financial vehicle made up of a pool of money collected from many investors to invest in securities like bonds, money market instruments, stocks and other assets. Mutual funds are operated by professional financial advisors, who allocate the fund's assets and attempt to produce capital gains and income through dividends for the investors.

Classification of Various Funds:

• Money Market/Cash Fund

• Debt Market

• Income Fund

• Equity Fund

• Asset Allocation Fund

• Fund Of Funds

• Shariah Complaint Funds

• Professionally Managed - High Service Quality

• Diversification

• Economies of Scale

• Liquidity

• Fast Withdrawals

• Choices of schemes and Asset Classes

• The Open Ended Advantage

• Tax Advantages

• Regulated Industry

• No Risk of Absolute Capital Loss / Fraud

• Secure

• High Returns

• Low Cost

• Diversification

• Liquidity

• Expert Services

• Small &

• Lumpsum Invest

• Tax Benefits