A lot of us find the word ‘investment’ intimidating. We are often left with doubts such as: Will my invested money be safe? Will I get back my money on time? Will I be able to save enough? Besides, the myths and misconceptions that we often encounter only add to our confusion. But with mutual funds, you can put all these concerns to rest.
Mutual funds are a simple and more importantly, safe way of investing your hard-earned money. You can opt for an Asset Managing Company of your choice and be rest assured that your money is in safe hands. Now we know that you still some have questions playing in your mind, so here are 4 solid reasons that will not only answer all your queries, but also convince you to invest in mutual funds.
1. Your money DOES NOT get locked up
When you invest in a mutual fund, your money is always accessible to you. It doesn’t get locked up. Your money only grows depending on how long you want to stay invested. Mutual funds are flexible, so you can redeem your investment partially or completely at any point.
2. There’s a balance between risk and returns
When it comes to investing money, risk is something that bothers all of us, and rightly so. After all, it’s your hard-earned money and it’s only fair you expect handsome and timely returns for it.
In case of mutual funds, your money is handled by professional fund managers and is invested in a basket of securities. This mitigates the risks associated with your returns to quite an extent.
3. You can prepare for your short-term and long-term goals
All of us have short-term and long-term goals in life and we prepare for them in our own ways. With mutual funds, you can choose a scheme that is in line with your financial objective and accordingly save up for it. It could be a foreign trip some months down the line or your own car some years from now.
4. You can start investing with as less as Rs 500
Mutual funds suit every type of investor. The best part is that you can start investing in mutual funds with as less as Rs 500 on a monthly basis. You can then gradually increase your investment depending on your financial capacity. By starting early, investing regularly and staying invested for a long term, you can manage to build a large corpus over a period of time.
By now we’re sure that all your doubts have been cleared and you agree that Mutual Funds Sahi Hai. So without further delay, choose a fund that is in line with your goals and start investing now!