Unless you are very well versed with the markets and have expert
knowledge about mutual funds, a good rule of thumb would be to own: 1.
There is no special reason to selecting above two funds, I didn't have much
knowledge about Mutual Fund but wanted to invest in them, hence I have obtained the same.
Not exact matches
So think of index
mutual funds as a way to build a position and gain
knowledge about investing.
sir my earning is between 450000 to 500000 per annum i want to go for
mutual fund, please suggest as i do not have any
knowledge about it
If I had absolutely no
knowledge about investing, I would have likely used a financial adviser from a place like Edward Jones or Ameriprise Financial (AMP), and end up paying 1 % — 2 % / year in adviser fees and
mutual fund fees.
But I want to invest in
mutual funds but I don't have much
knowledge about the products.
Sectoral
mutual funds: The number of sector
mutual funds you invest in should be the number of industries you have great
knowledge about.
A
mutual fund manager has more specialized
knowledge about industries and financial domain than a small investor.
Of his total investments (Rs 70 lacs), 70 % was in equity
mutual funds to provide for his children's... [Read more...]
about Pass your financial
knowledge too, not just your investments