According to sources it is extremely important to invest because with mutual funds, you can opt for equity linked savings scheme (ELSS) to marry your tax-saving and investment goals and save up to Rs. 46,350 in taxes. Reportedly MFs, including ELSS funds, give you the opportunity to invest across diverse asset classes and allow you to invest in a flexible manner via SIPs, but investing in mutual funds goes beyond just keeping the magic alive in your tax-statement. It also helps you score all your life goals.

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Reportedly for long term goals, such as a child’s education or your retirement, you can consider investing in equity oriented funds with some exposure to fixed income funds. Meanwhile due to their return potential, equities are best suited to beat inflation over the long term. Further within equity funds, you can choose equity funds with a large cap or mid and small cap stock orientation or even multi-cap funds that invest in stocks across market capitalization.



Moreover thus, as is evident, there are varied investment solutions for specific needs. All you need to do is choose the right schemes that are in sync with your financial goals. 


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