About Mutual Funds

Mutual funds can be tricky but once you get the hang of it, it’s smooth sailing. I’d suggest starting with an equity-linked savings scheme (ELSS) – it’s less risky and offers tax benefits! Have you looked into those?

For safer investments with average returns, look into index funds or large-cap mutual funds. They're pretty stable. Have you considered doing SIPs for better long-term benefits?

If you want lesser risk, you could look into hybrid funds. These invest in both equity and debt and offer a balanced return. What’s your risk tolerance though?

I started with a balanced mutual fund to keep the risk low. It's good to look for funds that invest in blue-chip stocks if you want stability. What kind of returns are you expecting, bro?

For lower risk and tax benefits, you can go for ELSS or index funds. These funds are pretty stable with an average return of 10-12%. Have you calculated how much you want to invest monthly?

For lower risk, you might want to explore debt funds or hybrid funds. They’re stable and give decent returns. What’s your investment goal though? Long-term or short-term?

For low risk and decent returns, debt funds are your friend....

Debt funds or hybrid funds are usually less risky, plus SIPs are great for averaging out your costs! Kya lagta hai will you start with SIP?

There are 3 types of funds, I will brief you in short 1. Equity funds -> put all your money in the stock market, hence returns are based on how market perform (HIGH RISK -> HIGH Return) 2. Debt funds -> puts your money in bonds -> (LOW RISK - LOW RETURN) 3. Hybrid funds -> puts your money in equity and debt (MEDIUM RISK - MEDIUM RETURNS) So choose your funds according the the risk you can take. Take a look at the last 1-3 years' performance of the fund. For your Tax savings, you will have to invest only and only in ELSS. (equity linked saving scheme) funds. Do let me know if case of any doubt . Will be happy to help