A mutual fund is a company that brings together money from many people and invests it in stocks, bonds or other assets. The combined holdings of stocks, bonds or other assets the fund owns are known as its portfolio. Each investor in the fund owns shares, which represent a part of these holdings.
Indian investors increasingly have turned to mutual funds to save for retirement and also other financial goals. Mutual funds can suggest the advantages of diversification and specialized management.
When you’ve decided to save, it makes sense to make sure that you take advantage of all the tax-efficient options available to you.