1, different types: funds are generally divided into stock funds, bond funds, index funds, hybrid funds and monetary funds; Bonds are generally divided into national debt, local government debt and financial debt. 2. The relationship is different: buying a fund is equivalent to handing over the funds to the fund manager and helping the holders to buy stocks and bonds. This is a relationship of trust and being trusted; And bonds are creditor-debtor relationships. 3. Different issuers: funds are collective asset management plans issued by fund companies; The issuers of bonds can be central banks, local governments and listed companies.

Fund broadly refers to a certain amount of funds set up for a certain purpose. It mainly includes trust and investment funds, provident funds, insurance funds, retirement funds and funds of various foundations.

From the accounting point of view, capital is a narrow concept, which refers to funds with specific purposes and uses. Funds mentioned in general life mainly refer to securities investment funds.

Bond is a kind of financial contract, which is a creditor's right and debt certificate issued to investors when the government, financial institutions and industrial and commercial enterprises directly borrow money from the society and promise to pay interest at a certain interest rate and repay the principal according to the agreed conditions.