What if you could invest your money and have someone else professionally mange it for you? Services like these do exist, but they come with a requirement of high amounts of capital or money to be invested. What if you could avail such a service, even with a small investment and get the advantage of professional money management? Well, this is possible by investing in MUTUAL FUNDS...!

In the light of the above, you are required to submit a report covering the following:

1. Discussion on the background and 6 different types of mutual funds that are available in todays global financial market.

2. Discussions on why an investor chooses mutual funds rather than the traditional investments such as shares, bonds etc. Your discussions should be supported with appropriate relevant literature.