What is Mutual Fund?
According to PTIC INDIA – Financial Planner in Delhi, Mutual Funds are an investment tool for investors. In these funds, your money is invested in different assets such as stocks, bonds, and commodities. If you are planning on owning a house, buying a car or anything, mutual funds serve you all your needs. It is a simple and effective way to save Income Tax.
Advantage of Mutual Fund:
There is diversification in these Funds. It allows you to invest in different types of assets and securities for good return.
Because of its liquidity nature, investors can in or out of the market at any point of time.
These Funds are professionally managed and regulated by SEBI or Security & Exchange Board of India.
In Mutual Funds, anyone can invest, from an average person to a big firm. Therefore, you can start investing in mutual funds at a low cost of Rupee 500 or 1000.