Why invest in Mutual Funds?
Now comes the critical question of where to invest your hard earned money so that it grows significantly with time.
Who doesn’t want to have the best returns? Ask yourself, how much return does your bank FD or post office deposit gives after tax deduction?
Would you be open to look at a scenario where your savings/investments are offering you tax-free 15%- 20% returns in a year? YES!! It’s possible
And the answer is Mutual Fund. Historically Mutual Funds have delivered superior returns than any other form of investments. Let us look at the following benefits of mutual funds:
* It generates significantly higher returns than cash in savings account or fixed deposits, recurring deposits or post office deposits.
* It helps you save taxes and beat inflation.
* It doesn’t require you to have prior knowledge of financial markets.
Wondering how to make money without knowing how to invest?
Certainly! By simply investing in Mutual Funds.
As a Mutual Fund investor you indirectly invest into stocks/bonds, etc where the mutual fund has invested. You simply let the expert (the fund manager) do the investments on your behalf after doing their detailed research.
Unlike a bank account or a fixed deposit where you barely get any returns, your original amount can jump manifolds if you invest in the right funds with a proper time horizon.