7 Reasons To Never Ignore Mutual Fund Investment

We are increasingly seeing a lot of adverts in different sections of the media on mutual funds. Some are confused, while others are not able to understand what it is all about. However, all you need to do is just apply and stay put in some equity mutual fund schemes.

Research has shown that mutual funds have generated better returns over 5, 10 and 20 year periods than bank deposits. So, why ignore mutual funds at all? Is it because it is more complicated than bank deposits? It does not take time to understand and you should not ignore higher returns.

You can invest small sums initially, which can be as small as Rs 500 each month. Once you understand, you can invest larger sums and increase exposure.

The process of investing particular amount regularly in a mutual fund (small amounts of Rs 500, Rs 1000 and so on) is called a Systematic Investment Plan (SIP). There are different mutual fund schemes available in the market, one can choose based on the time and risk.

Here are 7 reasons why you should consider investing in mutual funds:

{photo-feature}