Everyone knows that Investment is a long-term plan which is why it should be treated carefully. One must have the essential knowledge about it before actually investing. Even though there are ample investment options that are available in the market, Mutual funds are the most useful and trusted ones. It is also a fruitful investing idea that comes with a long-term perspective for an investor.

Now before we discuss mutual funds and their schemes or other related issues, the first thing that should be done is get a good idea about the basics which is why here is a little …