Answer
(Fatwa: 795/777/N=1433)
(1) We learnt after research regarding Mutual Fund that the members have no option to opt for share of the company or business which they wish rather the authority has full right to invest in the company and the business which it wishes. It is most probable that your money is invested in a company involved in unlawful and haram business, hence you should not invest in it.
(2) Currently there are various ways prevalent for investment. You should write the complete details of the one which you consider better and suitable as per your condition in order to know the Shariah ruling.
Allah (Subhana Wa Ta’ala) knows Best
Darul Ifta,
Darul Uloom Deoband