Fund Easy- Make Money with Mutual Funds & SIP

Mutual Funds probably are the best investment option available these days. They offer much higher returns when compared to other forms of investments like Fixed Deposit and Real Estate. They are also very easy to track and offer 100% transparency.

FAQs:
Who can invest into mutual fund?
Anyone can start investing in mutual funds.

What documents are required to invest in mutual funds
You just need a PAN card and address proof to start investing

What is the minimum amount needed to start investing into mutual funds?
You can start investing into mutual funds with amounts as low as Rs. 500

Who can invest into mutual fund?
Anyone can start investing in mutual funds.

What documents are required to invest in mutual funds
You just need a PAN card and address proof to start investing

Can mutual funds help me in saving tax?
Tax Saver: Tax saving mutual funds can help you save upto Rs. 45,000 every year in taxes (Based on your income slab). They only have locked in period of 3 years, which is much lower compared to other tax saving instruments where your money is typically locked in for 5-15 years.

I put my savings in Fixed Deposit. Why should I consider Mutual Funds?
With most banks offering mere 6% return on Fixed Deposits, investor actually ends up making little or no money (given high inflation) on their investments. On the other hand many debt mutual funds have a track record of giving consistent returns which are much higher than fixed deposit. There are many different types of mutual funds. Some invest in government bonds and securities. This makes them as secure as fixed deposits.

I am thinking of investing in property. Why should I look into mutual funds?
Property is seen as preferred mode of investment by many. However, property transactions require a huge lumpsum amount to start investing. A lot of people end up taking loans for the same which come with high interest rates. With mutual funds you can start investing with amounts as low as Rs. 500. You can even invest with small amounts every month (called SIP) just like paying EMI.

Mutual Funds offer a great convenience that property does not. Investing is very easy and can be done in just 5 minutes whereas investment into property involves a lot of paperwork. In time of need you cannot take out a small amount from your property investments without having to sell it entirely. On the other hand with mutual funds you can make partial or full redemption anytime you like.

I pay insurance premium regularly. It covers investment too. Do I need to consider mutual funds?
Many would argue that life insurance is a good option for investment. However, with life insurance the primary focus of the insurance provider is to provide insurance. Investment takes a backseat. Thus, only a portion of your premium actually gets invested. Hence, it gives much lower returns. Mutual funds on the other hand are a pure investment device. The focus of fund manager is 100% on your investments. Therefore, it yields a much higher return on investments.