A mutual fund is an investment vehicle where many investors pool their money to earn returns on their capital over a period. This corpus of funds is managed by an investment professional known as a fund manager or portfolio manager. It is his/her job to invest the corpus in different securities such as bonds, stocks, gold and other assets and seek to provide potential returns. The gains (or losses) on the investment are shared collectively by the investors in proportion to their contribution to the fund.
These days, investing in mutual funds has become effortless. You can even do it right from your home. Here are the steps you can follow to begin your investment journey: Sign up for a mutual fund account on franklintempletonindia.com Complete your ...
There are many benefits of investing in mutual funds. Here are some important ones - Professional expertise Consider a situation where you purchase a new car. But the catch here is that you don’t know how to drive. Now, you have two options: i) you ...
When you enter a car showroom, you see lots of different cars. There are hatchbacks, sedans, SUVs and maybe even sports cars. Each car in the showroom serves a different purpose. An adventurous person may prefer a sports car while a family man with ...
Now that you know the different types of mutual funds, the question arises: ‘Which is the best mutual fund?’ Well, there is no single or right answer to this question. This is because fund houses design mutual funds to achieve specific financial ...
One of the best features about investing in mutual funds is that you don’t need a large amount of money to start investing. Most fund houses in the country allow investors to begin investing with as little as Rs. 500 (some start at Rs. 100) per month ...