Mutual fund means a professionally-managed investment scheme which is usually run by asset management company which brings together a group of people and invests money in stocks, bonds and some other financial securities. To be precise, a mutual fund company helps in pooling money from a range of investors and then invest the amount in different asset classes.

Another myth is that stock market investments are only for experts. However, investing in stock market is not reserved for certain group of people. Anyone can participate in the investing world and make the most of its benefits. Investments require an understanding of the stock market and spotting the right kind of shares. However, process of learning is continuous and develops with time. Investing in stock market favours preparation. Thus, such investments are open to anyone who have a strong interest.