Mutual funds are a type of certified managed combined investment scheme that gathers money from many investors to buy securities.

Alternative Investment Fund or AIF is a privately pooled investment vehicle that invests in alternative asset classes such as private equity, venture capital, hedge funds, real estate, commodities, and derivatives. 

As the name suggests Life Insurance secures your life from financial losses which occurred due to the unexpected or premature death of the insured.

A health insurance plan that covers critical illness means you can insure yourself against the risk of serious illness in much the same way as you insure your car and your house.