Irrespective of your residential status, whether you are a resident Indian or an NRI, you must’ve opened your phone or laptop, and typed the following: “what are mutual funds?”, and felt overwhelmed by the jargon such as “large cap”, “debt funds”, or “hybrid funds”, don’t fret, as you are not alone in this confusion. To put it simply, see Mutual Funds as one large investment pool, where money from a lot of different investors is managed together by experts. However, with 40+ fund categories in India, understanding all the types of mutual funds and the different risk levels associated with them can be overwhelming, forcing a lot of potential investors to force quit before they even begin.