Understanding Mutual Funds

Mutual funds pool money from multiple investors to invest in stocks, bonds, or other securities. They provide diversification and professional management, making them ideal for beginners.

Types of Mutual Funds

Equity funds, debt funds, hybrid funds, and index funds each have unique characteristics and risk levels. Choose based on your goals and risk appetite.

Tips for New Investors

Start small, automate your investments, and review your portfolio periodically. Avoid chasing high returns without understanding risks.