Goal-Based Investment? Time to Choose Mutual Funds
Most of us look for low-risk investment options, which can provide maximum returns. This is one of the reasons why many shy away from direct equity investments. In such a case, investors can buy direct mutual fund online and earn good returns. Mutual funds are ideal for those who do not have good finance knowledge. Investors get to choose from equity mutual funds, hybrid or debt funds. Also, within each of the mutual fund categories, there are various sub-categories which you as an investor need to be aware of. For example, the equity mutual funds are further classified into large-cap, mid-cap funds and so on. You need to plan for a good portfolio by taking all the categories as well as sub-categories into account. There are a number of individual schemes that you can consider as well. Why are mutual funds perfect for a goal based investing ? Well, you can invest in smaller amounts when you are investing in mutual funds. A number of funds allow investors to invest about Rs.1000