Don't have time to explore and invest in the stock market? Then, a mutual fund is another option when you want to grow your extra money. But let me define what mutual fund is . Basically, it is a type of investment wherein you and other investors pool or put their money together to be invested by a professional fund manager into different financial securities such as stocks, bonds, or money market instruments . In order to profit from it, you should invest your hard-earned money every month for 5-10 years. Why did I say that is because there is no safe investment. So in order to cut losses you should acquire more NAV or Net Asset Value (equivalent to number of shares in stocks) regardless if you bought it higher or lower because at the end of your investing (let's say your target year to withdraw your money is on the 5th year) is still based on what will be the price of your NAV at that time multiply by the number of shares you've accumulated. It's the same as stoc