‘Beginners Guide' For First Time Mutual Fund Investors

Notable Tips to Stay Ahead!!!!!

- Kapil Rangwal

1. Investment Goal: The kind of fund you select depends a lot on your objective like are like for example, if you are looking to create a big corpus for your child’s education then, you can invest in equity funds. Or if you want to create a retirement corpus then, you can park your retirement fund into Monthly Income Plans (MIPs). So, it is advisable that your investment decision should be driven by your goals only.

2. Risk tolerance level: Funds are exposed to risks, but some funds attracts more risk and some less. Before making investment in mutual funds, scrutinize what level of risk you can bear. One should always get an idea on how much market fluctuations can be tolerated. So, you should decide whether you can take risk, risk averse or a risk neutral person.