| Indian mutual funds industry originated in the year | | | | can be directly debited from your bank account |
| 1963 when Government of India and Reserve | | | | on a monthly basis. You can enter this sector with |
| Bank of India came together to form the Unit | | | | a low investment and can grow steadily. Fund |
| Trust of India. Unit Trust of India ruled the | | | | managers keep a track of mutual fund NAV and |
| industry till 1987, not before nationalized bank set | | | | accordingly suggest when to sell it off. |
| up mutual funds and insurance companies. Mutual | | | | Company that maintain records are trustworthy |
| funds of India saw drastic changes in 1993 when | | | | and you can be assured that your money is safe. |
| private sector fund houses emerged in the | | | | Just in case if the company falls down in the |
| market, to be considered as one of the unique | | | | market, shareholders get the money which is |
| financial tools in India. It has a bright future even if | | | | equal to their ownership value. You can invest in |
| it has to undergo highs and lows. | | | | individual stocks or closed end funds. It is always |
| Investment does mean that there is a risk | | | | better to read in details about the various mutual |
| involved. Quite a lot of people do not invest too | | | | fund of India before investing money. |
| much in a single position. In a way they manage | | | | More importantly you will need to access your |
| risk by just not taking it in the first place. There | | | | own goals and the risks involved. Asset allocation |
| are short term, middle term and long term | | | | is also very important or else you may find your |
| investments and in order to witness exponential | | | | portfolio to have funds that are all invested in the |
| growth you will need to invest your money in top | | | | same thing. A good portfolio will have |
| mutual funds. People having excess money but no | | | | diversification and will reduce the risk. It could be |
| time to invest in stocks may find mutual funds to | | | | really tricky to find the best fund for you. You |
| be the best option. | | | | may like to invest in a fund whose manager |
| There are lots of companies that have evolved | | | | thinks exactly the way you do. Important is to |
| with time and have been performing well in the | | | | get comfortable with the fund manager who |
| market and are considered to be safe by almost | | | | understand your needs and accordingly take |
| all the investors. It gives you an opportunity to | | | | action. You may also buy an index fund which |
| attain various stocks and bonds. Top mutual funds | | | | runs on autopilot. |
| have the best fund managers who have a vast | | | | It is always better to read the annual report |
| exposure in the market. There are various | | | | before investing. Fund manager compares the |
| schemes and your manager can suggest you the | | | | NAV's of various companies and suggests the |
| paramount option according to your requirement. | | | | best option. Just be careful with high risk portfolios |
| You can start off with a very small amount which | | | | to play safe in the market. |