Choosing the Best Investment Plan in Mutual Fund is simple

Investing in mutual funds can actually be a rewarding way to build wealth with time but navigating the vast array of options that are available can prove to be quite overwhelming. Thus in such a situation a mutual fund advisor can help an investor deal with the different complexities while making the perfect choice. An experienced advisor considers various factors like the risk appetite, the financial goals and accordingly assists the investor to choose the best scheme. 

Systematic Investment Plans or SIPs are a disciplined way to invest in mutual funds. They enable investors to contribute fixed amounts regularly and in the process helps to reduce the impact of market volatility. An advisor plays a very important role when it comes to selecting the Best Mutual Fund Scheme for SIP. 

The first and the most crucial step while choosing the Best Investment Plan in Mutual Fund revolves around understanding the financial objectives. Whether the plan is to purchase a property, to finance the education of your child, make preparations for the retirement period, or to plan a dream vacation – the recognition of the financial goals pave the way for selecting the most suitable investment plan. 

It becomes crucial to make an assessment of the timeframe associated with the investment tenure. Liquid funds are appropriate for addressing extremely short-term financial needs that spans from one day to three months. There are still other funds that cater to periods of three months to one year. Whether it is about catering periods of one to three years or three to five years, there are funds that accommodate different time horizons. When it comes to dealing with investment periods of more than five years then equity funds are the best choice. 

Understanding as well as evaluating the risk tolerance is extremely important. The SEBI or the Security and Exchange Board of India categorise funds into different levels and that is based on the risk factor. When the risk tolerance is aligned with the appropriate fund category then the investor can go ahead with the most suitable investment strategy and in the process pick the Best Investment Plan in Mutual Fund. 

By considering these crucial factors, it would be easy to navigate the world of mutual funds and the Best Mutual Fund Scheme for SIP  can be chosen in the most appropriate manner. 

The investor must be aware of the different investment costs in mutual funds and it includes the expense ratio which is the fees that is paid to the fund house by the investor; the transaction charges needs to be taken care of which are paid during the initial investment; the entry load which is a nominal charge that investors pay while purchasing the mutual fund units; the other costs include the exit load, the account fee, the management fees and the recurring fee. 

About the Company

Call Andii has got immense experience and has proven to be extremely efficient when it comes to providing customised financial solutions which not only cater to the investment needs in the different stages of life but also helps to reduce the risks via various life as well as health insurance. Call Andii also happens to be an excellent mutual fund advisor in Kolkata.