What are mutual funds for?

Mutual funds are investment instruments that are meant for people who have a smaller appetite for risks, but seek higher returns than they would get on simple saving accounts or fixed deposits. That's not to say that mutual fund investment is free of risk.

Mutual fund investment offers schemes that suit all types of investors. Those who have a larger appetite for risk can invest in equity funds, while those who want to minimize their risks should look at investing in bonds.

A mutual fund is a pool of money from numerous investors who wish to save or make money just like you. Investing in a mutual fund can be a lot easier than buying and selling individual stocks and bonds on your own. Investors can sell their shares when they want.Know more at : assetmanagement.kotak.com