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A mutual fund is a basket of stocks, bonds or other types of assets which is professionally managed by an investment company.For managing resources, the fund charges a fee. Holdings are selected by portfolio managers who pick stocks poised to perform the best and leave the rest. But if active management is not your cup of tea, index funds could be the right choice.Is the distinction between Exchange Traded Funds and Index Mutual Funds a mere storm in a teacup? Or are these two types of funds pol