Investing in Mutual Funds is quite easy. There are two ways in which you can invest – Direct or through Mutual Fund Advisor.
You can either invest directly with the AMC (like HDFC Mutual Fund, SBI Mutual Fund, Aditya Birla Mutual Funds etc.)
Or, find a good mutual fund advisor for you. An advisor having an expertise in the industry, can very well guide you as to which funds would suit you according to your goals.
Whenever an investment is to be made, unbiased expert advice becomes important.
If you are someone who is not a regular watcher of market activities or do not have the time to handle your investments, hiring an expert is the best decision you will ever make.
To invest in mutual funds, first you need to have a goal. According to your goal, you need to choose the best funds. You can have many goals at a time and create a balanced portfolio to achieve your goal. Your goal can be saving for your dream home/ car, tax saving, retirement planning, saving for your child’s education and many more.
And the best part is, you do not need to start big.
You can begin with a small amount starting from Rs500 monthly and gradually increase.
In that way, you do not need to wait to save more and can start today!!