INVESTMENT (PART 3)

Continuation of part 2...

MUTUAL FUNDS - MUTUAL FUND IS A KIND OF INVESTMENT WHICH IS PREFERED BY EVERYONE AND SUGGESTED TO EVERYONE WHETHER YOUR AGE IS 25 OR 45 . HOWEVER STARTING EARLY WITH THE MUTUAL FUNDS WILL ALWAYS BE THE BEST . IT HELPS THE PEOPLE TO BUILD A DISCIPLINE AND A HUGE AMOUNT OF PROFITS THROUGH THE MARKET   PEOPLE CAN INVEST THROUGH LUMPSUM OR SIP MODE OF INVESTMENT. FOR INVESTING IN MUTUAL FUNDS ONE REQUIRE TO OPEN A DEMAT ACC WITH THE BROKERS OF THEIR CHOICE (however i prefer zerodha and upstox as the best broker) 

SIP - It is a mode of investment where investor can invest daily/weekly/monthly/quarterly in any funds of their choice ... The amount gets deducted from the bank account of the investor on the date set by him/her.This mode helps the investor to average their value of holdings and gain huge profit ,  it also helps to accumulate the shares or units of fund in every market dip. 

We will be talking about LUMPSUM in next blog 

To be continued in PART 4...