Mutual Funds recently have acclaimed the tag of emerging asset classes to build funds for several financial objectives or aims, one of them being retirement. More people are opting to invest in mutual funds, be it for their short term or long term goals.
Ankit Agarwal, Managing Director, Alankit, says, “Thoughtful planning paired with farsighted investment in mutual funds can help an investor to build a sizeable corpus, be it for any near financial goals or retirement.”
While investing in mutual funds, there are several factors that come into play, such as risk capacity of the investor, investment horizon, liquidity requirements, tax implications, existing assets and liability evaluation, etc.