How Mutual Fund Investment helpful for Beginners?

A mutual fund is common investment vehicle that pools the funds from a group of investors and then invest the collected fund into different asset classes.Some common asset classes are stocks,,bonds commodities ,etc.The features that attract investors to mutual fund investments are: risk diversification, quicker decision making,professional management and so on .There are two different types of mutual fund schemes - Open-ended scheme and Close-Ended Scheme.One should closely read the offer document of the mutual fund before investing in a mutual fund.