I am a first-time investor and am planning to through NJ Mutual Fund Automated Portfolio Rebalancing System (MARS). Do you think it is better to invest through MARS instead of buying?
—Pragya Das
Getting started with mutual funds is not difficult, but it would be best if you do so with some help at hand. If you consult with an adviser about investing in mutual funds, she would be able to assist you with a lot of things.
Primarily, an adviser will be able to educate you about what mutual funds are, the different categories, and what to expect in terms of returns as well as investment experience from this product.
They would also be able to guide you in terms of how much to invest, why, and how to structure your portfolio. Over a period of time, they can monitor the portfolio for you and help make course corrections too.