Most of you are aware of MFs these days and you also know about the different ways of buying them. However, it might be difficult to decide which mode should you choose. DSIJ explains what are the different modes of buying MFs and which MFs suit which type of investor.
A mutual fund, as we all know, is no more a buzzword. The great efforts taken by Association of Mutual Funds India (AMFI) , Securities and Exchange Board of India ( SEBI ), financial planners, financial advisers and other intermediaries who promoted mutual funds, has paid off. Although most of the people now understand what mutual funds are, they still face many difficulties and queries when it comes to investing in them. Which mutual fund is the best? Which mutual fund suits them and, more importantly, what are the different modes available to buy these mutual fund schemes? So, let us put an end to all your doubts on the ways through which you can invest in mutual funds and which types of mutual fund schemes suit various types of investors.
As there are various kinds of mutual funds to choose from, there are many different modes through which you can buy MF schemes. You can choose to invest online or even in the offline mode. You can even choose between the direct plan or the regular plan. Like every other thing, these options also come with their own unique advantages and disadvantages. Depending upon your convenience, level of understanding of mutual funds and your financial goals, you can choose the mode of investing in mutual fund schemes that suits you best.
We will start with the types of plans and then look at the modes through which you can invest in them. We will explain which plan and which mode of investing is suitable for whom.
Types of Plans
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
How To Invest In An Ageing Bull Market
Bull rallies (periods when stock prices rise) and bear declines (periods when stock prices fall) are natural parts of stock market cycles, but they don't follow a fixed timeline.
Should You Entrust All Your Money To A Single AMC?
If you are a market participant, you have probably heard the quote 'don't put all your eggs in one basket', which suggests diversification. Investors often focus on diversifying across categories like large-cap, mid-cap and small-cap, but they may unintentionally overlook diversification across different AMCs. The question arises: is AMC-wise diversification really necessary? Rakesh Deshmukh takes a closer look at this scenario
Wild Swings Engulf Global Equities
U.S. stock markets experienced significant volatility. An early-week rally pushed the markets to new highs, but this momentum faded, primarily due to weaknesses in the tech sector. The major indices had a mixed finish with, S&P 500 and Nasdaq closed lower, while the Dow recorded a notable gain.
U.S. Elections and China's Economy Hamper Commodities
Commodity markets experienced selling pressure in the last fortnight, driven by uncertainties surrounding the upcoming U.S. presidential elections, concerns about the Chinese economy, and increased agricultural production in Brazil.
Wealth Building For Retirement Through Mutual Funds
Retirement is one of the most crucial and lifechanging phases. It marks a period where maintaining your lifestyle becomes paramount even though your regular income stops.
Mastering Investment with Information Ratio
Information Ratio helps in navigating the complexities of the investment landscape by assessing an active fund manager's performance. And though it has its limitations, it remains an essential part of the finance industry. The article explains what Information Ratio is and how investors can use it as another tool
Plan To Be Financially Independent
Each of us aspires to be financially independent as it ensures having enough resources to be self-sufficient and control our finances.
❝Technology is the new game-changer"
With a new breed of young investors entering the financial markets, it is the use of technology that is increasingly playing a major role in how investments are done and tracked. Anand Radhakrishnan, Managing Director, Sundaram Mutual Fund, shares his opinion about how this factor is turning into a significant tool and how it will shape the strategies of his company
What If Donald Trumps?
The potential election of Donald Trump as president in the U.S. carries significant implications for the Indian equity market. It could lead to changes in the global trade dynamics, in particular affecting the Indian IT sector while also raising inflation levels and leading to yet another revision in the visa programme for Indians who want to work in the US. The article takes a closer look at what may lie in store
Sectoral Gains Make A Mark
Benchmark indices continued their uptrend, reaching new record highs, although the pace has slowed as the broader markets faced selling pressures
