Mutual funds encourage investors to invest over a long period of time, which is essential to wealth creation. It helps you to diversify risk through collective investment and further provides you an opportunity of disciplined investing through systematic investment plan. It is an avenue for those who do not understand the stock market and will rather have professionals investing for them. It takes out emotions out of investing.
Professional fees can be exorbitant. Reward yourself, through “Index Fund” investing, a form of passive investing with low fees. After all a “Penny saved is a Penny earned”