Mutual funds are investment vehicles that pool money from multiple investors to purchase a diversified portfolio of securities such as stocks, bonds, or other financial instruments. Mutual funds cater to various investor risk profiles. Use the below tool, which will help you in identifying the schemes that match your investing profile, risk appetite and time horizons. Before investing in mutual funds, one needs to understand the risks involved and consider the multiple categories and products that the mutual fund houses have to offer. While deciding an investor also must study the past performer for a scheme, its fund manager, assets and under management and other such parameters.