4 Points
Joined January 2022
If there is one investment instrument that can help you meet your short-term and long-term financial needs on your current income, it’s mutual funds. However, the power of compounding is only fully released when you do your part of managing your portfolio wisely. Successful investors start right, stay their course, and end well with calculated risk. A well-balanced, diversified portfolio mapped to your risk profile is the way to go. As a mutual fund investor, you can also leverage this opportunity by topping your SIP with lumpsum in a staggered manner. This way, you will further average your investment cost, thereby creating a larger corpus with smaller contributions before maturity. It’s also a smart move to stay invested in these funds over the long term. Since their return profile reflects economic growth. Since index funds demand less active trading and portfolio management, investors enjoy a low expense ratio. There are benefits of managing our mutual funds like when you try to save your money by outsourcing the job instead of doing it yourself. Many investors hire a team to manage their funds but it is quite expensive. Hence managing your own mutual fund can be a great money-saving opportunity.
for more visit ::
https://www.axismf.com/mutual-funds-sip-calculator