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Term

MUTUAL FUND
raagvamd, RaagVamdatt

It is also commonly known as MF. A mutual fund pools money from various small investors, and invests it collectively. Even small investors can invest in an MF, as its corpus is divided into small parts called Units.

There are many advantages of investing in an MF, like:
- Availability of specialised knowledge & research
- Diversification
- Ability to invest small amounts
- Availability of SIP for regular investments

Related Terms: MF, Equity Fund, Debt Fund, Balanced Fund, ETF, Index Fund, Unit
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