Mutual funds are one of the more rewarding investments available in India. They invest in a variety of financial instruments, such that there is just the right combination for every type of investor, risk appetite and financial goal. No wonder they have been gaining such popularity. This is reflected in the figures released by the Association of Mutual Funds in India, which reveal that the average Assets Under Management (AAUM) for August 2021 stood at a whopping ₹36,09,471 crores for the Indi...