Equity mutual fund is suitable for investors who are seeking long term capital growth. The risk and return vary from scheme to scheme under equity mutual funds as they are either actively or passively managed by the fund managers.
Here are eight reasons for you to invest in equity mutual funds
Easy on pocket
Anyone and everyone can invest in equity mutual fund through SIP mode. One can start investing with just Rs 500 a month, A SIP allows regular periodic investments through ECS (Electronic Clearing Service) process where money gets automatically deducted from your bank account every month at a predetermined date.