Mutual funds are investment vehicles that pool money from many investors to invest in a mix of assets like stocks, bonds, Gold or other assets. Mutual Funds are managed by qualified and professional fund manager along with a team of analysts who oversee the investments and aims to generate returns. Investors can invest both lump sum money (onetime investment) and monthly via Systematic Investment Plan (SIP) mode. Investors get units of the fund, and the value of these units change daily based on the performance of the underlying assets (stock, bonds etc.). SIP in Equity Funds is one of the best ways to create wealth in the long term.