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 KYC formalities (if you have not yet done so)
Enter the necessary details as required
Identify the funds you wish to invest based on your financial goals
Select the fund and transfer the required amount
You can also create a standing instruction with your bank in case you invest in a SIP each month.
Final thoughts
Investing in mutual funds is one of the simplest ways to achieve your financial goals on time. But before you invest, take an adequate amount of time to go through the different fund options. Don’t invest in a fund because your colleague or friend has invested in it. Identify your goals and invest accordingly. If required, you can approach a financial advisor to help you make the right investment decisions and plan your financial journey.
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