Mutual Funds - Simplified!
WHAT IS A MUTUAL FUND?
A mutual fund is an investment where money is pooled in from prospective investors and subsequently invested in securities like equities, bonds or both by the Fund Manager of the Asset Management Company.
WHY MUTUAL FUNDS SAHI HAI?
Firstly, the best thing about mutual funds is that you are investing in the market and growing your money without any requisition of prior knowledge. Stock-picking or buying any securities is left to the Fund Manager - a job he is excellent at and, of course, paid to do.
This whole process of investing is being managed by professionals. You don't need to spend your time researching a company, talking to your broker, and worrying when to buy and sell. You basically just rent out the entire process and let other people worry about maximising your returns.
Also, all your funds are being diversified by the Fund Manager. This ensures that the risk of losing money is reduced.
And lastly, based on your needs, there are varieties of mutual funds out there to choose from. If the person wants to invest for a short time or maybe for a long time, or for retirement or other financial goals, there are mutual funds out in the market to meet your every financial need.
Think and plan for your financial goals first. We are here to simplify your investment decisions and suggest you the right mutual fund scheme(s) that meet your needs!