Funds
What is mutual fund?
A pool of money from many investors, invested by a professional manager.
Explained in more detail
You buy units of the fund and the manager decides what the fund holds. It is a way to own many companies at once without picking each one yourself. You pay a yearly fee for this.
An example
For instanceOne fund can hold 50 companies, so your ₹5,000 is spread across all of them.
Why this matters to you
You will meet this word in broker apps, company results and market news. Knowing what it means is not the goal on its own. The goal is being able to judge whether a number is good or bad for the investment you are actually holding.
On AlphaVik, any time mutual fund appears in a view or a lesson, you can hover or tap the word and this explanation comes with it. You never have to leave the page to look something up.