Mutual funds are the best and most cost-effective financial products to build wealth in India.
Mutual funds are available in all the varieties means equity, debt, gold, exchange traded funds, gilt…etc..
You don’t even need to invest in government bonds and bank fixed deposits because gilt funds and debt funds are available in the Indian market.
Mutual funds (Equity & Debt) are the best financial products available in India to build some serious wealth.
Start investing in equity diversified mutual funds as early as possible via SIP. Many people have a false belief that, mutual funds are costly and they will invest in equity by themselves. But well, mutual funds are so much professionally managed that its hard to beat the returns generated by them unless you have extremes levels of expertise in direct equity investing.
- Mutual funds have 0% Entry load & 0% Exit load after 365 days of investing.
- No other financial product is as cheap as mutual funds.
- MFs charge 1.5% Fund management fees every year
- All the insurance cum investment products offered by insurance companies are HIGHLY OPAQUE mutual funds which charge 20-100% entry loads by various charges so avoid them anyhow.
- Exit from any insurance cum investment product and start SIP in mutual funds.
No comments:
Post a Comment