1. Expert advice
The Mutual funds you invest in are taken care of by Experts, who make instant changes in your scheme as per changing trends in the market. Thus you can easily review the growth in your investment.
2. Close Supervision
The Companies that deal with your investments are closely monitored by SEBI. Such strict regulations compel companies to make necessary disclosures at regular intervals.
Even online platforms, such as Finity, require you to complete KYC (Know Your Customer) compulsorily to ensure safety of your investments.
3. Wide range of options:
Your risk appetite is unique and hence Mutual funds provide various funds like: Balanced funds, equity mutual funds, monthly income plans, income funds, and liquid funds to meet your investment goal.
4. Reduces risk
Mutual funds provide you broad exposure to various stocks such as bonds, shares, equities, etc that are carefully selected by professionals further reducing your burden.
Mutual funds allows your to convert your investments into physical cash to meet your immediate needs incases of emergency, within 1-3 days.
6. Low Costs:
The transactions costs charged by Direct Plan mutual funds are relatively cheaper than other investments. Install Finity, which is a Direct Plan mutual fund investment app to start investing.
7. Planned Investing
Mutual funds help you to maintain a disciplined lifestyle instead of trading based on your fear or greed in the stock market directly, thereby encouraging long term investments.
8. Smaller investments
You can start investing in mutual funds with just Rs. 500.
Mutual funds provide you two investing options: regular deposits (SIP) or lump-sum payments.
10. Tax Benefits
Mutual fund provide tax advantages, that you get more profits.
11. Available on apps
You can make investments in mutual funds with just a few clicks using your smartphone. These platforms give advice, track and provide alerts on your investment plans. And its simplified as it is completely paperless.
12. Higher Returns
Since Mutual funds are linked to stock markets you can earn higher returns and beat high prices when compared to traditional instruments such as Fixed Deposits.
If 12 reasons couldn’t convince you to invest in mutual funds, I don’t know what will! Signup now to start investing: