A mutual fund is a pool of money collected from many investors to invest in securities.
A key term in the realm of finance is "unitholder." This refers to an individual who possesses a unit, or a share, of a mutual fund. Speaking of mutual funds, they are a collective pool of funds contributed by multiple investors for the purpose of investing in securities. This allows for diversification and professional management of investments. Essentially, unitholders are participants in this process, reaping potential benefits and risks alike.
