Reasons You Should Start Investing in Mutual Funds
Not everyone is well-versed with stock markets. The fund managers do the required research on your behalf. They select the securities to invest in and also monitors their performance.
Point ONE
Professional Management
POINT TWO
Portfolio Diversification
Mutual funds allow you to buy a bit of all kind of investments. This is possible because your investment is combined with money from other investors, which is then put into a pool of investments.
POINT THREE
Cost Affordability
Most mutual funds have a pretty low minimum investment amount. You can purchase a mutual fund at an amount as low as INR 500/ month if you opt for best SIP plans.
Point FOUR
Liquidity
If you have invested in mutual funds, then you can easily redeem your shares at any point of point for the current NAV plus the redemption fees (if any).
Mutual funds have something for everybody. Everybody’s needs are different and you’ll surely find something that suits your needs. A young investor can take greater risk and so they can invest in an equity fund.
POINT FIVE
Wide Options
PrimeWealth gives more than just investment advice. From budgeting, to cash flow, to savings, to debt management, to estate planning, to risk management, to tax planning, we do it all !