Most experts would disagree on the risk assessment aspect of mutual funds in terms of low risk guaranteed return investments. (policybazaar.com)
Similarly, if someone has invested in mutual funds in last 2 - 3 years, he would have got very good returns and would expect to get similar returns in future. (wealthtrust.in)
It is a variant of mutual fund in which the objective is to protect the capital rather than maximizing returns. (policybazaar.com)