How To Invest In Mutual Funds Like A Pro: A Beginner’s Guide
Mutual fund investments have gained significant popularity among individual investors due to their diverse benefits. These investment vehicles, managed by financial specialists, offer a unique opportunity for individuals to grow their wealth. Over the last few years, mutual fund assets under management have grown rapidly. In the second quarter of 2023, global mutual fund assets reached a record $39.2 trillion, according to the Investment Company Institute (ICI). By comparison, this represents an increase of over 10% from 2022. In this Beginner’s Guide, we’ve explained everything you need to know about mutual funds investment plans , available options, and essential investment strategies. Introducing options in mutual funds investment plans Let's start with exploring different options in mutual funds investment plans: Large-cap mutual funds Large-cap mutual funds, often referred to as the blue-chip of India, boast a substantial market capitalisation exceeding ₹10,000 c...