Mutual funds are attracting new investors in large numbers lately. According to mutual fund advisors, these investors are flocking to mutual funds for the first-time for two reasons: one, they are in search of new investment avenues after banks cut rates in the wake of demonetization. The uptrend in the stock market is also attracting a lot of eager investors. However, advisors believe these new investors are committing a lot of mistakes in their quest for better returns.
Is your money management strategy actually working? Key signs you might be off track
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