An API, or application programming interface, is a set of rules and protocols that allows different software systems to communicate with each other. A mutual funds API is an API specifically designed to provide access to information about mutual funds, such as their current price, performance data, and other financial metrics.
APIs can be useful for a variety of different purposes. For example, you might use a mutual fund API to build a financial application that helps users track their investments, or to create a tool that allows financial advisors to compare different mutual funds and make recommendations to their clients.
There are many different APIs available for retrieving information about mutual funds, and they can be an important resource for developers who are building financial applications or tools. By using an API, developers can easily access a wide range of financial data without having to build their own infrastructure to gather and process the data. This can save time and resources, and make it easier to build sophisticated financial applications.