Mutual Funds – A Sound and Secure Investment
Every working professional realizes the importance of making investments and putting a part of their income into something that will generate high returns, thereby providing for the future. Investing through mutual funds is not only safe but also promises excellent returns. One of the benefits of investing in a mutual fund is that it allows you to diversify your investment portfolio. You get access to various assets and stock options, including equity, gold and debt. This reduces the risk of investing everything in just one place. Since they are regulated by SEBI, you can be assured that most MF distributors are well-qualified and trained.
Why is a Mutual Fund Useful?
Another reason to invest in a mutual fund, besides diversification, is that it allows you to beat inflation. In a mutual fund, there is scope to adjust for long term inflation and provide growth, as opposed to your money simply idling away in a bank. Bajaj Finserv offers you Mutual Funds to invest in that are managed by expert professionals. Apply for a mutual fund so that you can manage your assets at a lower cost. Getting a mutual fund is also easy, convenient and saves on time. Another advantage of a mutual fund investment is that it does not require huge amounts of capital. Even a small amount invested can go a long way toward good returns. A proper research team will analyse the markets, tracking the growth of different firms and only then will they invest your money in those firms’ stock options. This gives you the guarantee of expert advice by skilled professionals in the field.
Liquidity for Emergencies
One of the most important advantages of investing in a mutual fund is that you have instant access to money when any urgent need arises. You can withdraw the entire sum invested or a part of it any time you wish to. To tide over personal emergencies or financial crunches, you can get a loan against your Mutual Fund. Bajaj Finserv brings to you the option of a Loan Against Securities, which provides approval in minutes.
How to Qualify for a Mutual Fund?
Mutual funds eligibility criteria are extremely simple. You need to be an Indian resident or an NRI with full repatriation. You will require a copy of your PAN card and banking proofs. If investing on behalf of a minor, a parent or lawful guardian is required to sign. Financial institutions, partnership firms, special purpose vehicles and trustees on behalf of religious organizations are also eligible for mutual funds.