When it comes to investing in shares, it is surprising that we are more than often asked to invest through mutual fund instead of selecting scripts of listed companies by ourselves, which anyway the fund managers in charge of mutual funds should be doing in lieu of a fee. The general lesson of academic research into active management is that the less you pay experts to manage your money, the more you keep. It is highly unlikely that most of us do not have the time or skill to zero-in few investment scripts for the next 2 to 5 years which the mutual fund is all about. As investment can be of as low as one share of a company, the argument that a small investor cannot invest in a large number of scripts is baseless. So, if we are willing to put in a little more effort understanding what the so-called fund managers do, we can save on the charges that we pay to them thereby increasing our returns. Building on this theme, we recommend: The Lunchtime Trader by Marcus de Maria. Also while doing so, a whole new world of finance will open which should help other endeavors like figuring out the best company for our next home loan. For the rest who are too preoccupied with their current jobs, investing through mutual fund is still very much advisable.