The Year 2017 is the year of Mutual Funds in India. Our citizens are pouring money into mutual funds. The stock markets are soaring. The case is simple...Mutual funds can make you Rich. So why are you and other citizens rushing to invest in mutual funds? After demonetization, banks were flush with cash. They reduced interest rates offered on SB accounts and FD's (Fixed Deposits).
You had only one choice. Rush to invest in equity mutual funds which can give you more than 10-11% a year. You do need to remember that an investment in mutual funds is risky. You are committing your money for higher returns but at higher risk.
The Government is also playing its part. AMFI (Association of Mutual Funds in India) is running a highly successful campaign called Mutual Funds Sahi Hai to educate you and other citizens on the benefits of investing in mutual funds. AMFI is an association of Mutual Funds, registered with SEBI and is a non-profit organization.
Now to the big question. Which mutual funds can make you rich? Want to know more on Mutual Funds? We at IndianMoney.com will make it easy for you. Just give us a missed call on 022 6181 6111 to explore our unique Free Advisory Service. IndianMoney.com is not a seller of any financial products. We only provide FREE financial advice / education to ensure that you are not mis-guided while buying any kind of financial products.
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It's the festive season. Diwali is here. Perhaps, you could consider investing in mutual funds and grow rich. You need to stay invested in mutual funds for at least 3-5 years (long term), to grow rich. Consider an investment in these mutual funds.
1. Invest in balanced mutual funds
Balanced funds also called hybrid funds invest your money in both: Stocks and Debt. Balanced funds can be equity hybrid funds or debt hybrid funds. Equity hybrid funds invest at least 65% of your money in equity. The rest is in debt (Bonds or money market instruments). Debt hybrid funds invest at least 75% of your money in debt (bonds). The rest of your money is invested in equity.
Balanced funds don't give high returns when stock markets are rising. But, they protect your investment when stock markets crash. It's like a cushion stopping your fall.
Mutual Funds Sahi Hai has a plan for every goal. Mutual Funds Sahi Hai says that if you are investing for retirement, look at equity and balanced funds.
Large cap mutual funds invest your money in blue chip stocks. Large cap mutual funds are all about size. They invest your money in large, well reputed Companies. Large cap mutual funds are known for stability. Investing your money in large cap mutual funds means, you invest in stocks of well reputed, large, profitable Companies, which may have a good track record of paying Dividends.
Mutual Funds Sahi Hai asks you to consult your investment advisor and discuss your financial goals. Mutual Funds Sahi Hai asks you to invest in equity oriented mutual funds for financial goals of longer time periods of 3 years or more.
SEE ALSO: Mutual Funds To Invest Your Money
You can invest in mutual funds through SIP (Systematic Investment Plan) with just Rs 500 a month. Systematic investment plan also known as SIP, is a method of investing in mutual funds. It is not an investment by itself. You invest a certain pre-determined amount, (amount you have decided beforehand), at regular intervals of time, in the mutual fund. This might be once each week, once each month or once in a quarter.
Mutual Funds Sahi Hai says you can invest in mutual funds with just Rs 500 a month. You then gradually increase your investment as income rises. Mutual Funds Sahi Hai has a simple plan to grow your money. Start investing early, Invest regularly and stay invested for the long term.
So invest in mutual funds this Diwali and be on your way to riches. Mutual Funds Sahi Hai will guide you and make sure this Diwali is one to remember. Be Wise, Get Rich.
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