Invest in mutual funds for better returns in the new year
keep these things in mind
Investing in Mutual Funds is one of the best options available in the market for long term investment
To accumulate a good amount, you can invest in mutual funds.
If you want to invest for the long term, then you can choose Equity Mutual Funds
Under this, you will get the benefit of compounding over a long period of time
Whereas, for a short period, you can choose debt or hybrid mutual funds.
Choose a mutual fund with a low expense ratio
This will help in reducing the impact of fees on your returns.
Consider the past performance of mutual funds before investing
Before choosing a mutual fund, do a thorough research about its fund manager and its track record
The fund manager can be judged by the performance of his mutual fund scheme
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