A Guide to Equity Mutual Funds
Equity mutual funds are investment vehicles that pool money from multiple investors to collectively invest in a diversified portfolio of stocks and other equity securities.
These funds are managed by investment experts who make decisions regarding the selection and allocation of stocks within the fund.
Moreover, equity mutual funds provide individual investors with an opportunity to access the potential returns and risks associated with the stock market, even if they do not have the time or expertise to manage their own stock portfolios.