What are some do’s and don’ts for investing in mutual funds?
Investing in mutual funds can be considered as one of the simple, yet convenient ways chosen by individuals with an aim to create wealth and to achieve their financial goals. There are certain factors that need to be kept in mind when making an investment in mutual funds, because as an informed investor, you should be aware of all the aspects of your investment.
Let us divide these factors or do’s and don’ts into three segments –
1. Before Investing
2. While Investing
3. When Redeeming
Starting early, investing regularly and staying invested for the long run with an aim to get create wealth – can be considered as a prudent strategy when it comes to mutual fund investments. Investors can seek the counsel of their financial advisor for the same.
This answer should not be considered as ‘investment advice’. The factors stated above are inter alia including others factors. We request the Reader to make informed investment decisions and consult their financial advisors to determine the financial implications with respect to investing in Mutual Funds. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.