Mutual Funds - Opportunity to create wealth over long term
Money is one of the biggest necessities of life. Today, more than ever before, with rising aspirations, numerous opportunities to spend and longer life spans, merely earning a good income is not enough; it is equally important to invest your money wisely to ensure that it generates a good return. But selecting appropriate financial tools can sometimes be a bit tricky. And, that's exactly why it always helps to know as much as you can about investing.
A mutual fund allows a group of people to pool their money together and have it professionally managed, in keeping with a predetermined investment objective. This investment avenue is popular because of its cost-efficiency, risk-diversification, professional management and sound regulation. You can invest as little as Rs. 1,000 per month in a mutual fund. There are various general and thematic mutual funds to choose from and the risk and return possibilities vary accordingly.
Salient features of Mutual Funds
- Professional investment management.
- Diversification of Portfolio.
- Low Cost of Investment.
- Convenience and Flexibility to invest any amount anytime.
- Quick and Personalized Services from AMC.
- Ease of Investing.
- High Liquidity.
- Choice of Dividend or Growth Options.
- Tax Savings Funds also available
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