"A professionally managed investment plan is a mutual fund. It is maintained by a company that serves as a middleman for small investors, called an asset management company (AMC). Bonds, money market instruments, equity shares, and other securities are only some of the investments the AMC makes using money it collects from various investors.
Each investor receives a specific number of units based on the amount they placed in the fund. The investor is the person who owns the units. The unit holder shares the fund’s gains, losses, income, and expenses in proportion to his investment in the fund.
A mutual fund calculator is invaluable for investors to calculate investment returns and develop effective investment strategies. By inputting key parameters such as investment amount, tenure, and expected rate of return, investors can quickly determine the potential returns they can expect from their mutual fund investments."