News From Press New mutual fund investors: Set goals and assess your risk profile

New mutual fund investors: Set goals and assess your risk profile

Source: BS May 15, 2024

The number of unique mutual fund investors is up from 37.9 million (April 2023) to 45.2 million (April 2024), an increase of 19.3 per cent, according to the Association of Mutual Funds in India (Amfi) data. A poor experience early in their investment journey could turn many of these newcomers off equities for a long time, which is why they must enter the market cautiously.

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