The overall idea of investment funds can be attributed to one or more of the following reasons:
Grow your wealth: One of the most common objectives of investments is to grow wealth. By investing in investment products, you can get good returns and profits on the invested funds.
A steady flow of income: Investments can act as your secondary source of income. For example, you can invest in income-generating investment products that can help you after you retire.
Achieve financial goals: By simply saving a portion of your income might not generate adequate funds. Investments help one earn dividends and returns on the invested funds. For example, if you invest in funds that have a short lock-in period and high liquidity, you will earn more than you invested.
The other objectives are combating inflation, retirement planning, keeping your funds safe, and more.