Well, this one of those types of stories we don’t like to read or hear about. This is because it involves not just the loss of your fund, but in some cases, people have lost a lot more than just money when their investment goes wrong. Wouldn’t you rather know? I would rather know if …
Mutual funds are identified based on how they work, i.e., if they’re open-ended or closed-ended schemes. The gap between the two different funds is flexibility and the ease of purchasing and selling finance units. Having a better understanding will go a long way in helping you in your mutual investment journey. An open-ended fund gives you …
Keep ReadingWhat Is Open Ended And Closed Ended Mutual Fund?
If it comes to investing in a mutual fund, you want to understand how to analyze and select the fund best suited to you. Most novices look at returns, riskiness, or evaluations of a fund before investing. Past performance of a mutual fund might not be a promise of future benefits, but if you understand …
Mutual funds are fantastic investment opportunities for young people who are building their financial resources with all they have while also developing a career for themselves. Maybe you’re an individual who recently graduated and now wants to make safe yet profitable investments with all the money you saved. Or perhaps you’re newly married and want …
Keep ReadingHow Many Mutual Funds Should I Have? What’s The Right Number?
When it comes to investing your money, the more questions you ask, the better. Never shy away from asking people who have experience. If you are unsure of starting on your own, investing your money in mutual funds means you will not be doing it all by yourself. What is a Mutual Fund A mutual …