A common investment vehicle, known as a mutual fund scheme, allows investors to commit their funds for a specific length of time. This type of investment is typically managed by a team of professionals who make decisions on behalf of the investors. The duration of the commitment can vary, but the ultimate goal is to generate a return on the invested capital. As a knowledgeable professor of finance, I want to delve into this concept further and help you better understand its significance in the world of investments. Let's explore together.