Mutual Fund can be defined as a financial instrument that pools money from various investors to invest in securities like government bonds, corporate bonds, stocks, and listed companies and share the profits or losses with the other investors. A mutual fund is managed by a professional manager of the Asset Management Company approved by the Securities Exchange Board of India (SEBI). SEBI regulates the Registration of Mutual Funds. The main objective of this regulatory body is to safeguard the interests of the investors and spread awareness about the functioning of mutual funds to simplify the Registration of Mutual Funds with SEBI.