Mutual funds combine money from multiple investors to create a diversified portfolio, managed by professionals, making it easy to invest in various assets
What Are Mutual Funds?
Mutual funds include equity, debt, hybrid, and index types. Each offers different risks and returns, so choose based on your financial goals and risk tolerance
Different Categories to Consider
Assess your risk tolerance before investing. Equity funds offer higher returns with higher risks, while debt funds are safer with lower returns. Choose based on your goals
Balancing Risk and Potential Gains
The expense ratio is the fee for managing your investments. Lower expense ratios mean more of your money works for you, so compare them before choosing a fund
The Impact of Fees on Your Returns
Review a fund's past performance to gauge its handling of market fluctuations and returns, though it doesn't guarantee future results