The concept of mutual fund in India is very simple. Everyone wants earn money. Some people invest money to beat inflation and get good returns. Mutual Fund is just a system that makes it simple even for a common man to invest in various businesses. It is a trust that pools the savings of a number of investors having a financial goal in common. Each mutual fund has different schemes. Each scheme has its unique portfolio of securities. Securities include different types of businesses and institutions. Mutual Fund collects the money from investors and then invests it in securities. When an investors invests money in a mutual fund scheme, he gets units according to the money he is investing. Mutual Fund House is also known as Asset Management Company (AMC), as it manages the assets of its customers. When a mutual fund earns money with its investments, it shares it with mutual fund investors. When a mutual fund scheme has its profit or loss, investor has his share in it according to