Mutual Funds Investment Planning

A mutual fund is a financial vehicle that pools money from a group of investors to invest in a diversified portfolio of stocks, bonds, or other securities. It is managed by a professional fund manager, employed by an asset management company (AMC), which could be a bank, brokerage, or a dedicated asset management firm.

Demat Account Not Required: Unlike direct stock market investments, investors in mutual funds don't necessarily need a Demat account. The fund manager takes care of buying and selling securities on behalf of the investors.