Starting MF journey at 27M, Any Tips?
Hey folks, I’m 27M and planning to start investing in mutual funds as savings. Honestly, I don’t know much about them yet. What should I keep in mind to pick a good MF, and what basics should I learn first? I’m thinking of starting with ₹4K and increasing it gradually over the years.
Don't struggle too much with market, go for index funds and leave it like any other assets. The more you focus on it chances are that you would end up making loss or sub optimal returns that a low cost index fund would have delivered in first place. Thank me later
if any of the index funds crashes, our fund will also crash?
Yes, but They are more likely to make up for the loss compared to actively managed funds. Please note this a conservative strategy for someone beginning with markets. Don't let greed destroy everything you have including peace of mind, which is the most important goal by the way and is the reason why you want to save and invest in first place.
Install ET money or coin or groww and explore the mutual fund. You have different set of mutual funds available, Sectoral wise , market cap wise..elss etc Just look for decent past performance, holding of the company , less Expense ratio and exit load Tip : current top performer may not be the top performer for the next 5/10yrs so shortlist the top 5 and select from that.
I have a different POV.
U are investing 4K /M ~ 50K per year. It is not a small amount but an insignificant one.
There is a common euphoria created in financial space in last 4-5 years.
Over a long period of 10+ yrs your returns will be averaged at 12% CAGR. Buy any equity based MF.
I would suggest not to think much about investing, rather spend time earning or building more capital. More capital will generate more return which will actually make some meaningful impact on your life.
Not discouraging but giving a different thought..
Bro just go for parag parekh flexi cap mutual fund and forget about that He is the no 1 in money manager as per mutual fund returns in india
Yep! Sounds like the right one parag paraikh! I am a newbie too.. started with nifty 50 UTI & Bandhan..as both are nifty 50, I plan to diversify it now to Parag
True bro.. it is giving me 25%.. this is the best fund so far
Stop asking for investment advice on the internet
Mutual fund will help you to beat the inflation + 2-3% Invest directly in Good stocks which will go up in long run. It will make you wealthy.
Jio Financial
Tata Motors
BSE
NSDL
CSDL
Invest in a low cost Nifty 50 Index Fund
