The aim of establishing the fund is to collect investment from investors, form a basket of assets and manage the basket. Considering the provision for undertaking acceptable risk, the attempt will be made to bring the highest possible profit to the investors. The accumulation of assets in the fund has greater advantages to individual investment for people including: cutting down cost of specialized advice, collection and analysis of information, assignment and division of optimum basket shares among all investors, reduction of overhead costs for investors. The fund will also carry out all administrative affairs related to fund such as: receiving of earnings and stock coupons as a result of which the investor overhead costs for investment are reduced. Finally, the possibility of suitable and varied investment of assets is realized and as a result the risk of investment is reduced. 

In order to achieve above, Novin Investment Bank in corporation with other big Investment Companies attempt to establish mutual investment funds, which you can find moe information in the related links.