Mutual funds are a popular investment vehicle for investors. For investors with limited knowledge, time or money, mutual funds can provide simplicity and other benefits. To help you decide whether mutual funds are best for you, here are a few key reasons to consider investing in mutual funds.
When you buy a mutual fund, your money is combined with the money from other investors, and allows you to buy part of a pool of investments. A mutual fund holds a variety of investments which can make it easier for investors to diversify than through ownership of individual stocks or bonds.
Not all investments perform well at the same time. Holding a variety of investments may help offset the impact of poor performers, while taking advantage of the earning potential of the rest. This is known as diversification.
You may not have the skills and knowledge to manage your own investments or want to spend the time. Mutual funds allow you to pool your money with other investors and leave the specific investment decisions to a portfolio manager. Portfolio managers decide where to invest the money in the fund, and when to buy and sell investments.
Easy to buy and sell
Mutual funds are widely available through advisors, financial planning firms, websites, etc. You can sell your fund units or shares at almost any time if you need to get access to your money. Multiple channels are available for transactions viz. physical, online, sms, etc.
A wide range of funds to choose from
Mutual funds can be used to meet a variety of financial goals. For example:
- A young investor with a stable income and many years to invest may feel comfortable taking more risk to achieve greater potential return. They may invest in an equity fund.
- A mid-career investor trying to balance risk and return more moderately could invest in a balanced mutual fund that buy a mix of stocks and bonds.
- An investor approaching retirement might be less comfortable with risk and more interested in fixed income investments. They may invest in a bond fund.
So do you want to invest your money but don’t know how to go about it or simply don't have the time for your investments? If yes, then mutual fund are for you.
Before taking any investment decision, it is important to assess your needs and financial goals. At SNPFP, we constantly endeavor to offer various schemes which may cater to your investment requirements. For further details, please see below.
The funds are positioned with an objective to:
We provide end to end solution for your Mutual Fund investment journey:
- Risk Assessment
- Product Selection
- Buying Funds
- Monitoring Investments
- Reaching Your Financial Goal
Start your journey towards reaching your financial goals through Mutual Funds.