Mutual Fund (MF) is an ideal investment vehicle. understanding this simple product sometimes become complicated due to excessive loads of information.
To make it simple, MF is like your provision item that you buy every month. Whenever you spend some money, save some money as well to compensate for the unusual expenses. SIP is the best tool to participate and MF makes it easy to achieve it. But SIP is not a magic wand and MF managers are not magicians to generate quick returns as one would expect. Allow it to grow from a sapling to plant and then a tree so that you will own an orchard at the end of period. Will keep sharing more as we go by...
To make it simple, MF is like your provision item that you buy every month. Whenever you spend some money, save some money as well to compensate for the unusual expenses. SIP is the best tool to participate and MF makes it easy to achieve it. But SIP is not a magic wand and MF managers are not magicians to generate quick returns as one would expect. Allow it to grow from a sapling to plant and then a tree so that you will own an orchard at the end of period. Will keep sharing more as we go by...