Why do we have so many different types of cars and trucks? Because different people have different needs. A farmer would find the Tata Sumo useful at his village, while a couple staying in a city would find the Maruti 800 more convenient. Likewise, a Toyota Qualis would well suit a large family. Similarly, in the investment world, investment products are also known as Investment Vehicles.

Different people have different needs and different investment goals and they use different investment vehicles. Say, a person from Mumbai has to go to a hotel in Delhi. He would use either a train or car or bus or airplane to go from Mumbai to Delhi. On reaching Delhi, to go to his hotel he could choose a bicycle, a taxi, a bus, a rickshaw, a car or he could even walk it up. In his plan he has a choice of vehicles and he would choose what suits him best. Similarly, when one has an investment plan in place one can choose one or more investment vehicles according to one's needs and means.