Such beneficial fungi do predate pathogenic ones, but also actually help the plant take in water and nutrients.
As the rhizosphere is colonized, the fungi extend a hyphae network throughout the potting medium, which acts as a "root" system for them. They also extend mycelia that penetrate the plant's roots. Together, they absorb water and nutrients from the entire mass of potting medium - far more broadly than the plant's roots reach - and "pump" them directly into the plant.
Some species of beneficial bacteria also predate pathogenic ones, and in the process of replication, exude antibiotics that prevent infection, as well as root-growth stimulating hormones.
If you do some digging, you'll find a fair number of formulations that contain beneficial fungi or beneficial bacteria, but rarely, both.
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