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...
One of my clients is 40-year-old Satyendra Kumar Singh who started investing in mutual funds four years ago. He wanted to invest in it for 15 years, but the returns were not that much, which increased his concern. He wants to know whether he should stop investing in SIP (Systematic Investment Plan)? Due to COVID-19, this question is being asked again and again, because the stock market is uncertain, the economy is down, people's income is down and SIP is not performing well. The main reason for stopping investment in SIP is because of the poor performance of the fund, loss of job or salary, economic uncertainty or decline in fund value. First, ask yourself why did you invest in mutual funds. There is a goal behind this investment. When you invest in a long-term goal such as buying a car, education or retirement of children, celebrating holidays abroad, the investment period is five to 20 years. Suppose you want to buy a car, which will cost Rs 7.5 lakh after five years...