Chapter 1: What are Mutual Funds?

Table of Content

Definition and Types of Mutual Funds

• Understand what mutual funds are and explore the various types available, such as equity funds, bond funds, and hybrid funds.

How Mutual Funds Work

• Learn about the process of pooling money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities.

Benefits and Risks of Investing in Mutual Funds

• Examine the advantages, such as professional management and diversification, and the potential risks involved in mutual fund investments.

Fees and Costs Associated with Mutual Funds

• Discover the various fees and expenses that can affect the overall returns of your mutual fund investments.

How to Choose the Right Mutual Fund

• Explore the factors to consider when selecting a mutual fund, such as investment objectives, risk tolerance, and past performance.