How to make Mutual Fund Investment?
Do you guys know what is Mutual Fund, how to invest in Mutual Fund and what are the advantages and disadvantages of mutual funds, if not, I will tell you about it in detail today?
Many people invest in mutual funds after hearing from here and there and as a result their money gets sunk. But if you invest properly in Mutual Funds, then the reason for your money sinking can also go into profit. It is true that there is a lot of risk in Mutual Fund and many people are afraid to invest their money due to risk.
Well leave it, today I will tell you in detail why you should finally invest in mutual funds. Let me tell you that it is not necessary that you can invest only when you have lakhs of rupees in your pocket to invest in mutual funds.
If you want, you can start your investment in 500 rupees a month. And mutual funds are the same. There is a difference between the sky and the ground.
Let me first tell you what is a mutual fund and how to invest in it.
What is Mutual Fund –
If we say mutual fund in simple language, then it is a collective investment, it simply means that there is a fund deposited by many people in it.
It is used to invest in different places in the market, and it is tried to get maximum profit from the money deposited by the investors.
That is, in mutual funds, investors try to earn money from money.
Types of Mutual Funds
Friends, by the way, I will not tell you much about the types of mutual funds in brief. If you guys want to know in detail about the types of mutual funds. So you will find many website about it. Where you can know about it in detail, but let me tell you how many types and which are mutual funds :-
1) Equity Mutual Fund
2) Debt Mutual Fund
3) Hybrid Mutual Fund
4) Solution Oriented Mutual Fund
How to Invest in Mutual Funds
Friends, by the way, you will find many Android applications to invest in Mutual Funds such as Groww App, MyCams, IPRU Touch App etc. with the help of which you can invest in Mutual Funds.
Friends, my advice is that you use Groww App to invest in Mutual Funds because you will be able to use it very easily.
Benefits of Mutual Funds
Friends, let us tell you that the best advantage of investing in mutual funds is that here, apart from one place, you can invest money in many places by making small portions. Due to which there is a significant reduction in your risk.
Friends, if you buy shares of big companies alone, then it will be expensive for you, but in mutual funds, the money of small people gets collected and becomes a big amount. This makes it easy to invest in big companies. Mutual funds are a good option for small investors to invest in large companies.
3) Tax Benefit
When you invest in the stock market, you have to pay tax on the purchase or sale of shares, but in mutual funds, you get tax exemption for some period.
4) Safe Investment
It is safe for you to invest in mutual funds. Because here work is done under the supervision of SEBI SEBI means Security Exchange Board of India.
It is easy for you to invest in mutual funds. Where you can invest easily, that is, investing in the stock market or any other place is complicated for you.
Risk or Disadvantages of Investing in Mutual Funds
Friends, let us tell you that nowadays it has become very easy to invest in mutual funds, due to which many people start investing after seeing the benefits of mutual funds. If you are also thinking of investing knowing the benefits of mutual funds, then be careful because every coin has two sides.
This means that if you invest by looking at the advantages of mutual funds, without looking at the loss i.e. risk, then your money can also be sunk. Well you do not need to worry, I will tell you closely what is the risk in mutual funds.
1) Less profit
If you are thinking that once you invest in mutual funds and you will get a lot of profit for years, then maybe you are wrong. Because if there is only profit from investing in mutual funds, then everyone should start investing in mutual funds without fear. This means to say that in mutual funds you will not get to see the same kind of profit every year. In this market, there is more and less profit in profits. Even you may suffer loss, but if you invest in the right way, then your chances of loss are reduced.
2) High Cost
Friends, as told earlier that investing in mutual funds is cheap, then what is it, then let us tell you that it takes some cost to manage your fund. And whenever you want to exit mutual fund investment, you have to pay exit load also, so know very well about exit load charges for exiting mutual fund.