Mutual Funds (MFs) are pooled investment vehicles that invest in equities, debt, money market instruments and other securities. MFs are managed by professional fund managers who follow a predefined investment objective and strategy. MFs are regulated by the Securities and Exchange Board of India (SEBI) and offer a variety of investment options to suit different investor profiles. Mutual Funds offer investors the benefits of diversification, low-cost access, tax efficiency, ease of operation and systematic investment plans. MFs also have a wide range of schemes to suit different risk-return profiles and financial goals.