Smart Strategies for Investing in Mutual Funds: A Guide to Maximising Your Returns One of the most well-liked investing options for people looking for expert management and diversification without having to choose individual equities is a mutual fund. One of the easiest ways for people to accumulate wealth over time is through mutual fund investments. Mutual funds combine the capital of numerous individuals to invest in a diverse portfolio of stocks, bonds, and other securities, in contrast to direct stock market investing, which necessitates considerable time, study, and risk tolerance. Mutual funds are a well-liked option for both new and experienced investors due to their expert management and diversification. But merely investing in a mutual fund and crossing your fingers seldom yields the best outcomes. A comprehensive approach that matches the appropriate fund selection and management strategies with your financial objectives, risk tolerance, and investment timeline is nece...
Fitch Ratings has projected a steep 10.5 per cent drop in the Indian economy in the current financial year 2020-21. India's gross domestic product (GDP) declined by 23.9 per cent in the first quarter (April-June) of the current financial year. It is one of the highest figures of decline in major economies of the world. A strict lockdown was imposed in the country because of the Coronavirus epidemic. This is considered to be a major reason for the decline in the economy. Fitch Ratings said on Tuesday that there will be an improvement in GDP in the third quarter of the current financial year i.e. October-December. However, there are clear signs that the pace of recovery in the economy will remain sluggish and uneven. Fitch said that we have revised our estimate of GDP for the current fiscal year to -10.5 per cent. In comparison to the global economic scenario released in June, India's economy has been projected to decline by five per cent. Fitch had earlier pr...