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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....

Goal-Based Investing – 3 Reasons Why It Is the Best for You

If you have been reading all about mutual funds in the recent times, you might also have heard the terms “goals” or “goal-based investing”. Have you ever wondered what this goal based investing is all about?  In simpler terms, goal-based investing is just an act of saving a part of your earnings towards a life-goal like your kid's education, your retirement or to buy a house. Any investor can do this by investing in various kinds of mutual funds.  But is investing in mutual funds right for you? Let us look at the 3 reasons why you need to buy direct mutual fund online .  1) Provides the investor with a clear finishing line Whenever we start to invest for a particular goal, we give a deadline to ourselves to achieve the same. Be it our retirement or buying a house or a car, it is important to have a rough timeline set along with the target amount required to achieve the goals.  So, when you start with a goal, you already have your deadline – so,...