Is it the right time to invest in a mutual fund?
There is no right or wrong time to start investing in mutual funds.
As soon as you start earning, you should start investing some part in it. There are various types of Funds/schemes and you should seek guidance from an investment advisor on the types of fund for investing.
- Have a goal in mind before starting your MF investments.
- Start early, invest regularly and stay invested for a long term to reap the benefits.
- Do not get overwhelmed with market ups & downs.
- SIP (Systematic Investment Plan) is one of the ideal ways to invest in Mutual Funds.