There are about 35 types of mutual funds – equity, debt, hybrid, short duration fund, large cap, small cap, balanced fund, etc. So, how do you choose which ‘mutual fund is Sahi’ for you?
There are three questions which an individual needs to take into account.
1) What’s the time horizon for which you want to invest?
2) When will you need these funds and what are your goals?
3) How much risk can you take?
According to Sunil Subramaniam, MD and CEO of Sundaram Mutual Fund, MF is safe for those who do not want to invest directly in equity.
In an interview with Money9 for the ‘Save Nahin Invest Kar’ segment, Subramaniam shares insights on how an individual can choose the right mutual fund scheme to invest in.
Watch the video for the full interview:
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