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A mutual fund is a way to invest your money along with many others, mutual fund is like a vehicle where all the investors money is combined and invested. That money is then managed by experts who invest it in things like shares, bonds, or gold to help it grow over time.
Mutual funds are not guaranteed like a fixed deposit, but they are regulated by SEBI and managed by professionals. The risk depends on the type of fund you choose—some are safer than others.
No! You can start investing with as little as ₹500 per month through a SIP (Systematic Investment Plan).
A SIP lets you invest a fixed amount every month. It’s like a recurring deposit, but instead of earning fixed interest, your money is invested in mutual funds to grow with the market.
In an FD, your money earns fixed interest. In mutual funds, your money can grow more over time, but there’s also some risk. Mutual funds are better for long-term wealth creation.
No. The value of your investment might go down temporarily, but if you stay invested for the long term, it usually recovers and grows. That's why mutual funds are best for long-term goals.
That depends on your goal, age, risk appetite, and how long you can stay invested. A trusted advisor or mutual fund distributors can help you pick the right fund based on these.
No, returns are not fixed or guaranteed. They depend on how the market performs. But good funds have given better returns than FDs over time.
Nothing bad happens—you can stop anytime. Your money stays invested and keeps growing. You can even restart SIPs later.
Yes, most mutual funds allow you to withdraw anytime. But some funds may have a lock-in period (like ELSS funds for 3 years), or exit load if withdrawn early.