What is a Mutual Fund?
A mutual fund is an investment vehicle that collects money from various investors and invests it in a diversified portfolio of assets such as:

Equities (Stocks)
Debt Instruments (Bonds, Government Securities, Corporate Bonds)
Money Market Instruments (Treasury Bills, Commercial Papers)
Hybrid Securities (Mix of Equity and Debt)
The fund is managed by professional fund managers who make investment decisions based on the fund’s objective. Investors receive units proportional to their investment, and returns are distributed based on the performance of the underlying assets.