OK what happens after you invest your money……??
Once you have invested your money in the mutual fund. You are given units ,these units are easily redeemable to easily get back your money. NAV(Net Asset Fund ) represents all your money and one unit of your investment
if you want to check the value of investment
Market value = NAV * no of units you hold
You can invest your money in lump sum manner or systematic investment too. Mutual fund is for every one entrepreneurship, managers, business man and many.
The interest you get per month starts gradually increasing for the forth month.
To track on your investment to see how the gradual rise takes place you must be conscious in benchmark each investment has a benchmark
Mutual funds can offer many benefits like
Diversification, low charge, professional management and more.
How to pick the best mutual fund scheme :
SHORT TERM :
Debt fund :
Low risk, return more than a bank.
LONG TERM :
Either lump sum or investing in installment.
Mutual fund schemes :
LARGE CAP: risk low, returns low.
MID CAP : risk mod, returns mod.
SMALL CAP : risk high, returns high
Note : please Enquire all the details and scheme of the bank which you choose and move forward.
– Valentina Sherrine
ShaneArtix 