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Mutual Funds – A Golden Key To A Golden, Secured Future
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It is a mere waste of to try to make any matured adult realize the importance that money and monetary affairs have in our lives lifelong. In this regard, mutual fund is that high rising star that has made any historically any long term investments a great profit with time.
Looking closer over mutual funds:
Before getting into the execution of the mutual fund, it is very important to understand what is mutual fund and its essence. A mutual fund is a strategic collection of money from investors that is characterized by the subsequent investment of the same on their behalf in the global market. However, this financial management comes under the jurisdiction of small revenue annually or quarterly, sometimes.
It is the ideal mutual fund investment tool for investors who look for investing in regu¬¬¬¬¬¬lar time periods however possess very scarce or no knowledge of investment. Mintwalk is one of the best mutual funds investment advisors that you can avail for your service. They take proper initiatives and planned stratagem for your money to reap the best of the yields with time.
How to invest in mutual funds?
We are in 2017 and going by the 10-year calculation, lets target 2027 as the year of returns. Of course, you can keep the investment shorter or longer than that. The good thing about our app is you can track your earnings on the go. If you reach your goal earlier, you can always choose to withdraw. Or if you have to use the money for something else, it reaches your bank account with 3 days of withdrawal.
Since you choose to keep it for 10 years, we suggest 60% equity and 40% debt. Precisely because equity is safe in the long run. If you had chosen 3 years, the ratio would have probably changed to 70% debt and 30% equity. Hence the longer you keep your money, the more we invest in equity, faster your money grows. Also, having a component of debt in your portfolio ensures that your risk even in the short term is minimized.
In 10 years, if you put Rs. 10,000 per month into SIP, you are actually saving about Rs. 12 lakhs and staying invested for 10 years ensures a return of Rs. 24 lakhs, which is double the amount invested. You are beating inflation, taxes, adding value to your money and creating a source of wealth.
With SIP an investor can benefit from massive potential of compounding over time. It allows small periodic investments, not taking away from your other financial commitments. The chart below shows exactly how much value you earn on staying invested over 5 years at an average annual return of 12%.
The quintessential processes to invest in a mutual fund is going for direct investment plans or hiring an expert advisor to do so. However, it is always recommendable for anyone who does not have complete knowledge of the domain to go by the second option. Hiring an advisor undoubtedly makes your investment hassle free. They take complete care of the needed research, investment tracking, documentation and formalities all by themselves.
Top mutual funds schemes to go for:
While being a newbie in the investment market, you might come across a number of gimmick strategies and different types of mutual funds that promise to yield great returns in short period of times. However, the truth of the real scenario is that there are no shortcuts in this domain but clean logical research and observation of the market data that you can lead you to the best of the schemes suited for you.
MintWalk is a Goal-based Mutual Fund Investment Platform situated in Mumbai, Maharashtra. It is one of the best mutual fund investments that provide the users a user experience which is focused on what really matters for mutual funds investment or best mutual funds to invest. We help you on choosing the top 10 mutual funds and types of mutual funds like SBI mutual fund, UTI mutual fund, HDFC mutual fund, ICICI Prudential mutual fund, Reliance mutual fund etc. We are one of the top emerging mutual funds distributors in INDIA.
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