A mutual fund is an organization that invests capital from numerous individuals in securities like bonds, equities, and short-term debt. The portfolio of a mutual fund is all of its assets pooled. Mutual fund shares are purchased by investors. Each share represents an investor's ownership interest in the fund as well as the income it generates. Professional fund managers oversee mutual funds, deciding what to invest in accordance with the goals and strategy of the fund. As a result, small investors can now access a diverse portfolio without requiring substantial funds or in-depth market knowledge. Mutual funds are a well-liked option for individuals looking for a hands-off approach to financial markets investing since they offer investors a practical means of achieving diversity, liquidity, and expert management. 

Driving Factors- The growing trend of diverse investment portfolios is one of the industry's main drivers. Mutual funds are becoming more and more popular among individual and institutional investors as a way to diversify their holdings as they become more conscious of the dangers involved in investing in a single asset class. By combining stocks, bonds, and other securities, mutual funds help diversify the risk across a range of markets and financial instruments. This diversification exposes investors to a wider range of development prospects and lessens the impact of instability in any one industry or geographic area. Furthermore, professional fund managers oversee mutual funds, contributing their knowledge of portfolio management and market analysis. This makes mutual funds an attractive option for investors who may not have the time or experience to manage their own investments. 

Challenges- It is necessary for mutual funds to present themselves as a "pull" as opposed to a "push" offering. Investors are drawn to pull products because of their performance, intrinsic value, and compatibility with financial objectives. Conversely, a push product relies on forceful advertising and sales strategies. Historically, strong marketing and sales strategies have been used to sell mutual funds to investors. The industry has invested several crores annually in the education of investors. Mutual funds must become a pull product in order for the sector to prosper. This entails utilizing technology and digital platforms to give investors approachable tools for portfolio management and research. Educating students about mutual funds and encouraging early saving are two benefits of include them in the curriculum.

COVID-19 causes more economic loss than natural disasters. It has had a wide-ranging impact on the economy, including accumulation, consumption, and production. It has a considerable impact on the commodities (gold and oil) and equity markets, as well as their subdivisions in the bond and equity markets.  Despite good market surprises, the US mutual fund business has grown at a moderate rate organically. The longer-term outlook is further hampered by diminishing fees, shrinking profit margins, and altering investor preferences.

The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as are Allianz, Amundi, BlackRock, BNY Mellon Investment Management, Fidelity Investments, J.P. Morgan Asset Management, PIMCO, State Street Global Advisors.

By Fund Type: Based on the Fund Type, United States Mutual Fund Market is segmented as; Equity, Bond, Hybrid, Money Market and Others.

By Investor Type: Based on the Investor Type, United States Mutual Fund Market is segmented as; Households, Institutions and Others.

By Region: This research also includes data for Northeast, South, Midwest, West.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.