A mutual fund is a type of investment vehicle where money is pooled from multiple investors and managed by a professional fund manager. This pooled money is then invested in a variety of assets like stocks [both domestic & international), bonds, commodities [Like Gold, Silver, etc] and other securities, according to the fund's specific investment objective. Mutual funds offer individual investors access to professionally managed portfolios and diversification. This approach mitigates risk and enhances the potential for returns. The investment method can be one time or staggered [daily, weekly, monthl quarterly, annually, etc] like wise the withdrawls can also be one time or staggered [daily, weekly, monthly, quarterly, annually, etc]