[Audio] The concept behind mutual fund is that the investors sharing common financial goals pool in money with a mutual fund, which in turn invests that money in financial market securities like equity, debt, or money market instruments. The choice of financial securities is based on the fund objectives, which are actually defined on the basis of investors' financial goals. These financial instruments generate returns over the period of time. And the returns so generated are then passed back to investors.
Mutual Fund - Concept
p ool in money with
invests money in
Financial market securities (based on fund objective)
passed back to