A mutual fund service is a financial intermediary that allows a group of investors with a similar investment objective to combine their money and invest. There is a fund manager in every mutual fund that is responsible for taking the pooled money and investing it into specific securities. They are very easy to invest in, but you need to have some support that Imperial Money can offer when you are getting started.
A mutual fund is nothing but a collection of bonds, stocks, and other such securities owned by a group of investors and managed by a professional investment company. It is difficult for an individual investor to have a diversified portfolio, but mutual funds simultaneously help investors come together and invest in equity and debt securities. Investors simply invest their money in mutual funds and become the unit holder of corresponding units.
