Investing money in the market through various forms; stocks, bonds, shares, etc. is something we learn only through experience; after we understand how the market works. Usually mutual funds are valued based on their net asset value (NAV). This is usually calculated by taking the number of shares of the fund; that are already out in the market and dividing them into the total value of the fund. Funds may be of two different types: open end funds and close-end funds.
First time investors may be overwhelmed by the number of uncertainties in the market. A little bit of research work before making investments, or brushing up one’s knowledge about the investment market always helps! As mentioned in a famous quote, “Wealth creation is like Test cricket where a whirlwind fifty or hundred may not always win you a game. You need the solidity of a Rahul Dravid or a Laxman more often than the flamboyance of a Sehwag to be able to emerge victorious over the five days”.
When confronted with the variety of mutual funds in the market, it may be confounding to know which mutual fund to invest in as it may both pinch your pockets and lose a lot of money; or you may in fact gain a lot of money.
Mutual fundsmay be of various different types:
1. Equity Mutual Funds
2. Debt Mutual Funds
3. Commodity Mutual Funds
4. Hybrid Mutual Funds
You can buy them in different ways – either directly online from a website, from an agent offline, or from a brokerage portal like Religareonline.com or ICICIDirect.com. A mutual fund market may be volatile and is the easiest way to become either a ‘pauper’ or a ‘prince’. There is sheer diversity among the number of options available for mutual funds with over 500 + schemes available. So how do you know which mutual fund to opt for?
To simplify the process, all you have to do is a quick mutual funds research to understand firstly the nature of mutual funds and how they work. Besides that doing a best mutual funds in India research would also help as it will make your task easier as your search is area specific i. e. within India.
Some of the top mutual funds providers in India include:
1. Religare Online Mutual Funds
2. HDFC Mutual Fund
3. Tata Mutual Fund
4. SBI Mutual Fund
5. Reliance Mutual Fund
Religare Onlineis leading provider of share market and stocks trading platform in India. They offer a wide array of online trading services such as equity, currency derivatives, mutual funds and gold investment. Invest online in best mutual funds in India with beneficial investment solutions and schemes. Free to call us at 1860-25-88888 for any online trading or mutual funds investment solutions.