Mutual funds are investment vehicles that pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities managed by professional fund managers. These funds offer investors the opportunity to access a wide range of investments with relatively low initial investment requirements. Mutual funds are designed to spread risk across various assets, making them suitable for investors with different risk tolerances and investment objectives. They provide convenience, professional management, and liquidity, allowing investors to buy and sell shares on any business day at the fund's net asset value (NAV). Overall, mutual funds offer a convenient and accessible way for individuals to participate in the financial markets while benefiting from professional management expertise.