Mutual fund is a most viable investment options through which fund pooled in from various investors and this fund invested in equities, bonds, money market instruments and other securities with the help of well qualified & professional fund managers.
SIP or Systematic Investment Plan is a plan through which a person can invest a small amount in a mutual fund at regular intervals (monthly/quarterly).
What are the advantages of
investing in Mutual funds?
Mutual fund investments rank as one of the most popular modes of investment in India as it offers an easy and cost-effective way to fulfil most of your financial goals in life. Financial goals can be saving on taxes, long-term wealth creation, periodic income post retirement, creating emergency funds for short term liquidity, etc.
Benefits
Funds are managed by qualified fund managers
Save up to Rs.1.5 lakh under section 80C
Start SIP with small amount as INR 500
Invest a basket of stock/debt instruments
Investments can be liquidated.
Transactions are completely online
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