Indian mutual fund industry has seen a significant growth since it evolved in 1963. Today, it is the best channel for indirect investment into the equity market. It is not only favoured by retail investors but by institutional investors too!
Here are some few top reasons why you should invest in this investment vehicle.
Diversification: You can invest in hundreds of stocks across sectors by buying a Mutual Fund. Thus you can diversify your portfolio and gain exposure to different stocks and different sectors from a small amount. To replicate this portfolio diversification by buying individual stocks is comparatively more expensive.
Professional management: Mutual Funds are professionally managed by highly skilled Fund Manager. These Fund Managers are experienced and professional research analysts who dedicate their time in managing the fund.
Affordable: MFs are very affordable as they are available in units. Also, you can make a fund investment of as low as Rs 50 per month in some Systematic Investment Plan (SIP) schemes.
Tax benefit: Equity Linked Savings Schemes or (ELSS) are tax saving mutual funds in India. They have a lock-in period of 3 years and enjoy tax benefit.
Liquidity: Except for ELSS which has a lock-in period of 3 years, mutual funds are highly liquid. You can redeem your mutual fund investment at any time according to the Net Asset value (NAV) of that date.
Regulatory body: Securities Exchange Board of India (SEBI) regulates mutual funds in India to protect the interest of MF investors and redress their complaints. All mutual funds are required to be registered with SEBI.
You can invest in mutual funds with Angel Broking.
You can find the latest NAV of MFs invest in latest NFOs through Angel Broking.
