Mutual funds reduce the risk of any individual security by owning many securities. You can buy or sell fund shares easily and quickly. Low demands on your free time.
Mutual funds require far less time and attention than do individual securities.
Once you've decided which funds are right for you, you need only make periodic reviews to check their performance and to assess whether they still suit your needs. Low initial investment and lower subsequent investments. Mutual funds publish detailed information about their performance, and this information is widely available. Getting comparable information from a stockbroker or a bank trust department can be difficult or impossible. Within a fund family, you can easily move your assets from one fund to another as markets or your investment goals change.