Saving and investing for future financial security is a top priority for every individual. For many of us, increasingly busy lifestyle and lack of knowledge prove to be a hindrance in choosing the right investment product.
Mutual funds investment plans offer professional investment management for such individuals at an affordable cost. They are also considered as the hand-off and more safer way of entering the high risk equity market. We make investments to ensure that our savings enhance our ability to reach our goals.
A beginner can get confused while choosing the best Mutual Fund Investment Plan, as he can not differentiate between various types of Mutual Funds with fancy names. Mutual Funds can be classified into various categories under the following heads:-
While launching a new scheme, every Mutual Fund is supposed to declare in the prospectus the kind of instruments in which it will make investments of the funds collected under that scheme. Thus, the various kinds of Mutual Fund schemes as categorized according to the type of investments are as follows :-
(a) Equity Funds/ Schemes
(b) Debt Funds / Schemes (also called Income Funds)
(c ) Diversifies Funds/ Schemes(Also called Balanced Funds)
(d) Gilt Fund/ Schemes
(e) Money Market Funds / Schemes
(f) Sector Specific Funds
(g) Index Funds
Goal Based Investment: If you have a short tenure, picking debt funds is a good option. For investors with medium tenure, balance funds which have exposure to both debt and equity are a good option. Long term investors can opt for more exposure to equity. You can also contact Investment Services Provider company, who can help you achieve your investment in sync with the tenure of the goal.
Mutual funds investment plans offer professional investment management for such individuals at an affordable cost. They are also considered as the hand-off and more safer way of entering the high risk equity market. We make investments to ensure that our savings enhance our ability to reach our goals.
A beginner can get confused while choosing the best Mutual Fund Investment Plan, as he can not differentiate between various types of Mutual Funds with fancy names. Mutual Funds can be classified into various categories under the following heads:-
While launching a new scheme, every Mutual Fund is supposed to declare in the prospectus the kind of instruments in which it will make investments of the funds collected under that scheme. Thus, the various kinds of Mutual Fund schemes as categorized according to the type of investments are as follows :-
(a) Equity Funds/ Schemes
(b) Debt Funds / Schemes (also called Income Funds)
(c ) Diversifies Funds/ Schemes(Also called Balanced Funds)
(d) Gilt Fund/ Schemes
(e) Money Market Funds / Schemes
(f) Sector Specific Funds
(g) Index Funds
Goal Based Investment: If you have a short tenure, picking debt funds is a good option. For investors with medium tenure, balance funds which have exposure to both debt and equity are a good option. Long term investors can opt for more exposure to equity. You can also contact Investment Services Provider company, who can help you achieve your investment in sync with the tenure of the goal.
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