Hi Satyaprakash Nair, Mutual funds do not solely invest in share market.There are different type of mutual funds, I mean if an investor do not want to get into share market he can choose completely debt funds which do not have equity participation at all. or even they can go for hybrid funds (equity,debt and gold mix). and Yes mutual fund managers charge their management charges, but if one is looking at a long term perspective mutual funds is a better investment compared to other financial instruments like Bank FD and LI.
