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  • News From Press Is it wise to invest 100% in mutual funds?

    Is it wise to invest 100% in mutual funds?

    Source: ET Jul 29, 2022

    I am 33 year old. Our (wife and I) monthly income after taxes is Rs 1.5 lakh per month. Our monthly expense is Rs 50,000. I wanted to invest that in equity, debt, and gold ETF. I have NPS and term insurance. I have already invested Rs 5 lakh in mutual funds. I am ready to invest for the next 12 years so that I can be financially independent and grow my wealth. Is it a wise decision to invest 100 % in MF/ Stocks?

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