Mutual funds give opportunities to invest in different companies where people mutually contribute small amounts. This collected amount is then effectively invested based on the research and expert analysis of the fund manager who effectively manages these funds. The Fund Manager takes decisions on behalf of the investors keeping in view the aspects of basic theme and purpose of the scheme. Every Scheme has its NAV (Net Asset Value) based on its units allocated to each investor based on the amount invested by each investor. Investment process is very smooth and available in both ways online as well as offline. You need to open a demat account to invest online in mutual funds.