Mutual funds can be a good investment for many reasons, including:
Diversification
Mutual funds can help reduce risk by spreading investments across different holdings.
Convenience
Mutual funds allow investors to defer the decision of how to allocate their equity portion of their portfolio to an investing expert.
Lower costs
Mutual funds can spread the cost of trading over all investors in the fund.
Professional management
Mutual funds give average investors the opportunity to invest in professionally managed funds.
Ease of buying and selling
Shares in mutual funds can be bought and sold relatively easily.
Wide range of options
There are numerous mutual funds available that can cover a wide range of interests and investment needs.