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Financial Planning

Mutual Funds

Mutual Funds in Vizag

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This depends on the type of fund you are investing in. Earlier, the minimum investment ranged from Rs. 500 to Rs. 5000 but now, in order to attract more consumers, mutual fund companies are letting their investors to start investing with just Rs. 100.

If you are planning for a short- term investment, then equity investment might not be the right option for you. You can consider liquid funds of mutual funds which can give you around 7 per cent return before tax.

Through the Systematic Investment Plan (SIP) of the mutual fund, an investor can invest a fixed amount of money each month; a certain amount is deducted, say, for example, on the 10th of every month. On the other hand, in a lump sum investment, you invest an amount on a particular day.

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