Mutual Fund is a smart way to invest in a number of listed companies/debt funds where in you need not track performance of a single company or debt fund on a day-to-day basis. You leave the research part to professional fund managers well versed in investing in mutual fund, be it from HDFC or UTI. We track performance of all the mutual funds and recommend them to clients as per their time horizon/risk appetite. For those you are young and willing to go aggressive, mutual fund schemes tilted towards equity is recommended while debt for conservative ones. We recommend SIP (Systematic Investment Plan) while investing in mutual fund.
Contrary to the impression that mutual funds is just another way to invest in stocks and save taxes, mutual funds can be used for almost all investment products. There are credit opportunity funds that replicate FD market, gold funds that replicate prices of gold, real estate funds that replicate real estate market and so on.