Hi Sir,
Due to your suggestion I saved myself from stupid endowment plans, thanks a lot sir.
I want to invest 3000-4000 monthly, I searched on internet about equity mutual funds and I saw huge returns from them. Please guide me Sir so that in Future my parents should proud of me if I get rich. I want to invest for 20 years.
Please guide sir.
2 Answers
Hi,
Kindly note that returns are not guaranteed on Mutual funds. The past performance may or may not be repeated.
But, when you’re invested for the long term, your average return becomes much more stable over time and it’s less likely that you’ll lose money. Various studies show that as we lengthen our investment horizon, the average annual rate of return over that timeline becomes less variable.
Suggest you to kindly go through below articles ;
https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/
https://www.relakhs.com/best-mutual-fund-schemes-2017/
https://www.relakhs.com/200-day-moving-average-dma-mutual-funds/
https://www.relakhs.com/sip-systematic-investment-plan/
https://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/
Please login or Register to submit your answer