A mutual fund is an investment company that accepts money from multiple investors and compresses it together in one large pool.
It is a long term investment with minimal risk. Shares in a mutual fund represent the ownership of the investor.
Trade: Once a day, after the market closes.
Price determination: By NAV calculated after the market closes.
We all have heard this statement at least once on TV, 'Mutual funds are subject to market risk.' ALWAYS REMEMBER THAT!
The performance of the fund lets you decide whether to pay a lump sum amount or convert it into a SIP.
It is Not Necessary to Do Extraordinary Things to Get Extraordinary Results.
There are so many Facebook, and What’s app groups present in the market which is providing tips in the groups all across social media channels and many so-called traders and analysts are giving so much advice on stocks.
Open Free Demat Account Instantly with Imperial Money We feel investing is an art and science and this needs to be done with a disciplined approach in this tough time of COVID-19.
You should look at the stocks as small pieces of the business.If the business does well, stocks eventually follow.You need to make sure that you know the main product line up of the company in which you want to invest and you must understand the present situation going on with the trend and the sector of the organization, which means if at this point of time where the pandemic is going on so the only defensives like pharma that to be Cipla or Glenmark or Syngene or SPARK or IT kind of the sector are good to go which will get benefited at this point of time because of CORONA.
Most important is integrity, the other two can be managed.
Rotation of AssetsMake sure that you keep rotating the disciplined approach of booking profit in a portfolio, normally in our view, 10% to 15% is the level at which you must book the profit, stock may go up by more than that, do not feel bad in that situation, as the market will keep rotating.
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