Diwali is around the corner and many individuals start investing in mutual funds around this period. What would you tell them?
Mutual funds are a great way to invest in a regulated, low-cost manner to achieve your goals. The choice of the fund category is, however, very important. If you keep most of your money in liquid funds for, say, 10 years or if you put money that you need in a couple of months in equity funds, the results would not be good. The choice of the kind of s ..