The conversation between human and AI assistant.
I am 19, and have INR20000 (~US$290) from my savings and earnings. How should I invest it further (short term) to get better returns or earn more?
And how does a mutual fund work?
A mutual fund is a collective pool of money gathered from different investors. This pool of money is then invested by a professional fund manager in different financial securities such as stocks and bonds. The returns are distributed among the investors in proportion to their investment.