Share Brokers in Chennai

1. Mutual Funds A key to grow your wealth

2. What does a mutual fund means? • A mutual fund collects the money from different investors and invests the money on their behalf. Yes, you read that right. You are not directly investing here. • For this, it will charge little amount as fee for managing the money. https://investinshares.in/sharemarket-training-chennai.html

3. Contd. • Hence, we can say that mutual funds are an ideal investment vehicle especially for the regular investors who do not know much about investing. • As an investor, it is up to you to choose the mutual fund scheme in accordance to your financial goal and proceed with your investing to achieve your goal. https://investinshares.in/sharemarket-training-chennai.html

4. How to invest in mutual funds? • You have two options here. Either you can invest directly with a mutual fund else you may hire the mutual fund advisor for guiding you. • When you invest directly, you will invest in the direct plan of a mutual fund scheme, whereas, if you are investing through an advisor, you will be investing in regular plan of the scheme. https://investinshares.in/sharemarket-training-chennai.html

5. If you are interested to invest directly, you will need to visit the website of the mutual fund or its authorised branches with the relevant credentials. • The major advantage of investing in a direct plan is that you save on the commission & the money you invest would add sizeable returns over a long period. https://investinshares.in/sharemarket-training-chennai.html

6. The major drawback of this method is that you need to complete all the formalities, research, monitor your investment everything by yourself. • You can learn about this more with the help of the Share market training in Chennai. https://investinshares.in/sharemarket-training-chennai.html

7. Types of Mutual Funds in India The Mutual Fund in India are categorised into four broad categories by the Securities and Exchange board of India. • Equity Mutual Funds • Debt Mutual Funds • Hybrid Mutual Funds • Solution Oriented Mutual Funds https://investinshares.in/sharemarket-training-chennai.html

8. Equity Mutual Funds: • In this, you will invest directly in stocks. It gives you high returns however it can be risky in the short-term as it is completely based on how the stock market performs. • You must opt for a longer investment horizon of at least five to ten years under this scheme. https://investinshares.in/sharemarket-training-chennai.html

9. Debt Mutual Funds • Under this scheme you will invest in debt securities. You must opt for debt schemes to achieve your short term goals that are below five years. • This is quite safer than the equity scheme and moreover, this scheme provides modest returns. https://investinshares.in/sharemarket-training-chennai.html

10. Hybrid Mutual Funds • This scheme is a mix of equity and debt. As an investor you must pick a scheme based on your risk appetite. • On the basis of allocation and investing style, hybrid mutual funds are further classified into six types. https://investinshares.in/sharemarket-training-chennai.html

11. Solution Oriented Mutual Funds • This is opted for particular solutions or goals such as retirement and child’s education. • Under these schemes, it is made mandatory to have a lock in period of five years. https://investinshares.in/sharemarket-training-chennai.html

12. The total expenses incurred by your mutual fund scheme are called expense ratio. • This ratio measures the per unit cost of managing a fund. This is typically between 1.5 to 2.5 percentages of the average weekly net assets of the schemes. • These are the points shared by the share brokers in Chennai & some share brokers in Coimbatore. https://investinshares.in/sharemarket-training-chennai.html