Mutual funds have recently emerged as the preferred investment vehicle for all types of investors, from novices to seasoned investors. Mutual funds, which are managed by fund managers that invest on your behalf and are thought of as a safer investment than pure stocks, take care of the duty of choosing the finest stock pool. However, mutual funds, which are thought of as rather solid investments because purchasing them entails purchasing a collection of equities as a whole, are shrouded in rumours. These may lead to incorrect deductions and lost investment possibilities. Therefore, it is essential that some of these be disproved before investing. Myth 1: Mutual funds are only for professionals The general consensus is that you can only invest in mutual funds successfully if you have a working knowledge of the markets; otherwise, you risk losing money. Reality: A fund manager makes investments on your behalf when you put money into mutual funds. The managers of mutual fu