Mutual Funds
Mutual funds pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities. They are managed by professional fund managers, making them an ideal choice for beginners and those seeking expert guidance. Mutual funds offer various options, including equity funds for growth, bond funds for stability, and balanced funds for a mix of both. With lower risks compared to direct stock investments and the potential for compounding returns, mutual funds provide a convenient way to achieve financial goals while minimizing investment complexity.