In simple words, a mutual fund is a sort of financial vehicle that pools money from several participants to invest in securities such as stocks, bonds, money market instruments, and other assets.
When it comes to long-term investment, people often opt for mutual funds. Why? Mutual funds tend to "deliver the goods" over the long term.
One of the major qualities of a mutual fund is that it has a diversified portfolio, which in the long run eliminates the disturbance caused by the volatility of the market.
Mutual funds are classified into numerous types based on the securities they invest in, their investment objectives, and the sort of returns they seek.
Long-term goals have a time horizon of more than five year or ten years, and equity-oriented schemes are among the greatest long-term investment options.
Equities have a better potential for growth than hybrid and debt funds while being more volatile in the short term.
While choosing the mutual funds for long term investment, here are a couple of pointers that you need to take note of:
You can also take the Systematic Investment Plan (SIP) route. This is to mitigate the volatility and benefit from the power of compounding.
For more details, check out the best mutual fund schemes to invest in India.
Feb 15, 2023
A look at what India's top equity mutual funds bought and sold in January 2023.
Jan 10, 2023
Mutual funds have consistently increased their holding in these stocks, in the past four or more quarters.
Nov 15, 2022
A look at what India's top equity mutual funds bought and sold in October 2022.
Sep 17, 2022
A look at what India's top equity mutual funds bought and sold in August 2022.
Aug 2, 2022
Be very cautious of who you trust with your hard-earned money.
Jul 13, 2022
A look at what India's top equity mutual funds bought and sold in June 2022.
May 16, 2022
A look at what India's top equity mutual funds bought and sold in April 2022.
Apr 14, 2022
A look at what India's top equity mutual funds bought and sold in March 2022.
Mar 15, 2022
A look at what India's top equity mutual funds bought and sold in February 2022.
Feb 16, 2022
A look at what India's top equity mutual funds bought and sold in January 2022.
Jan 16, 2023
A look at what India's top equity mutual funds bought and sold in December 2022.
Dec 16, 2022
A look at what India's top equity mutual funds bought and sold in November 2022.
Oct 14, 2022
A look at what India's top equity mutual funds bought and sold in September 2022.
Aug 13, 2022
A look at what India's top equity mutual funds bought and sold in July 2022.
Jul 21, 2022
With the advent of technology, starting SIPs online has become a trend.
Jun 14, 2022
A look at what India's top equity mutual funds bought and sold in May 2022.
Apr 21, 2022
Risk-adjusted return essentially measures the degree of risk taken by a fund to earn returns.
Apr 8, 2022
Is it a good time to sell your stocks in the current market?
Mar 4, 2022
PersonalFN's curated list of top 5 Equity Mutual Funds for SIPs in 2022 and beyond.
Jan 31, 2022
Is it a good time to sell your stocks in the current market?