Investing in Mutual Funds — Yay OR Nay? (PART 2)
As mentioned in the previous write-up, if you are considering growth all by yourself, mutual funds are one of the best investments in the market. Apart from the growth, there are many other things which they offer. Here:
· Easy Way-out: Mostly mutual funds allow investors to start with SIP (Systematic Investment Plan) for as low as 500 INR/month. This means no such burden on your pocket. But, if you invest in a rightful manner, it can help you build a good wealth. Obviously, there is no upper limit on how much you can invest, nor is there any limit to how much you can earn. Therefore, you can start with as much little as you want. Happy?
· High Returns: Like always, mutual funds offer to provide better returns as compared to other investment options.
· Personalization: Unlike other investments where you have next to no flexibility, with mutual funds you can choose the investment duration, amount, type of fund you want, and much more! Like said, with mutual funds, you can get tailor-made investment plan made just for you.
How to Start Investing?
Mutual Funds is a large concept and knowing a bit is not enough. There are different kinds of funds available in the market, each suited according to the needs, and selecting the right mutual fund amongst others can be a tedious job if you are not having any experience. No offence, but you cannot Google for the right set of funds and start investing. The requirements vary from person to person.
This is the reason why you need the help of an experienced advisor to help you pick the funds according to your needs.
What are you waiting for? Let’s get started!
Read More About Mutual Funds Basic Part 1
*Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.