Mutual Fund is an assurance that pools the reserves of a no. of investors who have common financial goal; reserves can be in the form of shares, securities, debt, money market equities or a mixture of these. The securities are competently managed on part of unit-holders, and every investor hold a pro-rata division of the total invested portfolio i.e. characterized to any profits while some of the securities are sold, although can also be subject to any loss in the value.

The income acquired through these types of investments and the appreciation of funds is united by its unit owner in proportion to the number of units owned. Therefore, a Mutual Fund shall be the most convenient investment option for a common man as it gives a chance to invest in completely diversified, expert managed basket of securities at comparatively low cost.