← Mutual Funds and SIP · Lesson 1 of 3
What is a mutual fund?
A mutual fund pools money from many investors and invests it in shares, bonds or both, managed by professional fund managers and regulated by SEBI.
You receive units. The price of one unit is the NAV (net asset value), which changes with the market.
Types in brief:
- Equity funds: mainly shares; for long-term goals; can go up and down a lot.
- Debt funds: mainly bonds; lower ups and downs than equity, still not risk-free.
- Hybrid funds: a mix of both.
🙋 Talk to an expert
Want help choosing a SIP amount for your goal? Talk to our team, free of charge.
❓ Ask a question about this lesson
Our team will reply by call or WhatsApp, free of charge.
⚖️ This content is for general education and awareness only. It is not a recommendation to buy any product. Please speak to us for guidance on your own situation. Insurance is the subject matter of solicitation. For more details on risk factors, terms and conditions, please read the sales brochure / policy wording carefully before concluding a sale. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance is not indicative of future returns. Tax benefits are as per prevailing tax laws, which are subject to change. We are insurance agents / mutual fund distributors. For mutual funds we offer guidance as a distributor and do not charge advisory fees. IRDAI / AMFI registration details to be added.