50 likes | 65 Views
Want to invest in mutual funds? Here are the things to know before investing in mutual funds.
E N D
Plan It Out In mutual fund investmentthrough a systematic investment plan or SIP is an important financial decision. Every month (or quarter) a certain amount will be deducted from your account and invested into the fund. Hence, it is important to plan out the expenses, and ensure that on a fixed date every month; there is sufficient balance in your account for the mutual fund instalment to be deducted.
The Timing Factor So, when is the best time to invest in mutual funds, when the market is soaring or when it is sinking? Actually, it is both. Investing in mutual funds is all about discipline and practice. Irrespective of the market fluctuations, mutual funds tend to provide a decent growth over a period of time.
NAV As The Deciding Factor Quite a few investors look at the Net Asset Value or NAV as a key marker for making mutual fund investment. The idea is that a fund with lower NAV will give higher growth, while a one with high NAV will give lesser growth. Indeed, while the NAV does play a role, it should not be the deciding factor for investment.