Alok Kumar Agarwal on Why Mutual Funds are the Best for New Investors in Equities
Alok Kumar Agarwal from Alankit discusses the benefits of long-term investments in mutual funds.
Investing in equities can be intimidating because of all the financial jargon and large numbers involved. Many people are hesitant to invest in equities because they don't understand the market or know how to evaluate it. However, with current inflation rates, traditional investment methods like fixed deposits (FDs) and bonds aren't providing the desired returns. This is where mutual funds come in.
Mutual funds are a popular option for people who want to invest in the stock market without having to choose individual stocks themselves. A mutual fund is an investment vehicle that pools money from many investors to buy a diverse portfolio of securities, such as stocks, bonds, and other assets. These funds are managed by professional portfolio managers who make investment decisions on behalf of the investors.