Myth & Fact all about Mutual Fund
Myth & Fact all about Mutual Fund Myth : Mutual funds are stock market investments Fact : Mutual funds are diversified investments that invest across stocks, bonds, money market instruments and combination of these. Mutual Myth: One can only invest large sum in mutual funds Fact : An investor can start mutual fund investment via Systematic Investment Plan (SIP) mode and invest regularly with amount as small as ` 1000. Myth: SIP gives positive returns Fact: Mutual fund SIPs are subject to market risks and there are no guaranteed returns in these tools Myth: SIPs are beneficial for short-term Fact: There are different mutual fund options for short-term and long-term goals. SIPs have historically given better returns when invested for long-term. Myth : Net Asset Value (NAV) is the performance indicator of a mutual fund. Fact : NAV is only the price per unit of your invested fund. The decision to select a mutual fund sho...