What are Mutual Funds?
A mutual fund is a bundle of investments owned by a group of investors and run by a professional money manager. These investments are typically stocks, bonds and other funds.
Why you should invest in Mutual Funds?
If you have never invested before but want to start with…
Mutual funds is your answer.
Mutual funds are a great way for investing as you can start with as low a 500 rs.
They are very low risk investments with probability of a big return. They are very flexible as you can invest and withdraw your money whenever you want .
Also they are properly regulated by the Securities and exchange board of India (SEBI) and they have laid down the regulations which every mutual fund has to follow ; So this adds an extra layer of safety and security to your money.