What Are Mutual Funds? | Mutual Fund for Beginners
Mutual Funds are an excellent starting point in your financial journey. They're simple, easy to understand, and let you start with as little as 500 rupees. SEBI protects the interests of mutual funds and stock investors and promotes and regulates the capital markets in India. An Equity Fund is a Mutual Fund Scheme that invests predominantly in shares/stocks of companies. In an Active Fund, a fund manager scans the stock market, conducts research on companies, examines performance and looks for the best stocks to invest. The SIP facility allows you to invest a fixed amount of money at predefined intervals in the mutual fund scheme of your choice. A systematic Transfer Plan is an automated way of transferring funds from one mutual fund scheme to another. In a Systematic Withdrawal Plan, you systematically redeem your mutual fund units after a certain time.
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Disclaimer: These are not any recommendations for any funds or stocks and are meant only for educational purposes.
