What are Mutual Funds ?

https://cleartax.in/s/mutual-funds are one of the most popular investment options these days. A mutual fund is an investment vehicle formed when an asset management company (AMC) or fund house pools investments from several individuals and institutional investors with common investment objectives. A fund manager, who is a finance professional, manages the pooled investment. He or she purchases securities such as stocks and bonds that are in line with the investment mandate.