In these times of falling interest rates, it has become important to invest in equity-linked products to beat rising prices. The rise in number of demat accounts shows that citizens are slowly and steadily warming up to the idea of investing in equities.
Money9 Helpline hosted Deepak Shenoy, founder, Capitalmind, to help viewers navigate the most important investment query: Should you invest in stock or mutual funds?
So, what route should first-time investors take?
“First-time investors in stock markets are generally influenced by advice from friends and news events. After a point of time, they realise it is better to invest in mutual funds. The tax factor also plays a major factor in the decision of the investor,” said Shenoy.
Watch the full video for more insights…
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