Mutual Funds are like a Playlist on a music app. A Playlist has different songs, with many types of Playlists – Dance, Slow etc. Similarly, you can invest in an Equity Playlist or an Equity Mutual Fund, where money from investors is invested by a professional fund manager in equity shares of companies. You could also invest in Debt Mutual Funds which lend money to companies and to the government.
Mutual Fund
