Mutual Funds can be categorized on the basis of Asset Class, Types of Securities Opted, Investment Goals, Risk Factors, and so on. Learn what mutual funds are, how they work, and why they are popular investment options. Find out the different types of mutual funds, their advantages, and how to invest in them through ET Money. A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. Explore mutual fund’s meaning, types, advantages, how it works and more. A mutual fund is an investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK. Mutual funds are often classified by their principal investments: money market funds, bond or fixed income funds, stock or equity funds, or hybrid funds. [1 ...
