Mutual funds are a type of investment fund that pools money from multiple investors to invest in a diversified portfolio of securities such as stocks, bonds, and other assets. These funds are managed by professional fund managers who make investment decisions on behalf of the investors in the fund. Mutual funds offer individual investors the opportunity to access a diversified portfolio of investments that they may not be able to access on their own. They are a popular investment choice for individuals looking to diversify their portfolio and achieve long-term investment goals.