WHO MANAGES MUTUAL FUNDS

WHO MANAGES MUTUAL FUNDS

THE MONEY IS MANAGED BY ASSET MANAGEMENT COMPANY.
THERE ARE MANY ASSET MANAGEMENT COMPANIES LIKE ICICI PRUDENTIAL, SBI MUTUAL FUNDS, HDFC AMC, MOTILAL OSWAL AND MANY OTHERS.

 

EVERY ASSET MANAGEMENT COMPANY HAS MANY MUTUAL FUND SCHEMES FOR DIFFERENT KIND OF PEOPLE DEPENDING ON THEIR GOAL, THEIR RISK FACTOR ETC.
EX – SBI MUTUAL FUND HAS 100+ MUTUAL FUND SCHEMES.
THERE ARE THOUSANDS OF PEOPLE WHO INVEST IN THE SAME MUTUAL FUND.

 

NOW, WHO WILL TAKE DECISIONS ON WHICH STOCKS TO BUY, HOW MUCH TO BUY, WHEN TO BUY, WHEN TO SELL ETC?
TO EVERY MUTUAL FUND, THERE IS A FUND MANAGER, WHO WILL TAKE DECISIONS LIKE WHICH STOCK TO BUY, HOW MUCH TO BUY, WHEN TO  BUY, WHEN TO SELL !
THE FUND MANAGER IS EXPERTIN THIS FIELD.
THAT IS WHY MUTUAL FUNDS ARE PROFESSIONALLY MANAGED FUNDS IN WHICH YOU AS AN INVESTOR DOES NOT HAVE TO DO ANY RESEARCH WORK.

 

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TIPS TO HELP YOUR FINANCIAL GOALS FOR 2020

TIPS TO HELP YOUR FINANCIAL GOALS FOR 2020

 

BUILD AN EMERGENCY FUND OF 10K

“Your emergency fund is not an investment, it’s insurance with one purpose – to protect you and your family.”

SAVE 20% OF YOUR INCOME PER MONTH

            “Not wasting money is the best way to save money”.


 

READ 10 BOOKS ABOUT FINANCE

“When money realizes that it is in good hands, it wants to 
stay and multiply in those hands.”

INVEST IN A STOCK PORTFOLIO
 “Risk comes from not knowing what you’re doing.”

 FIND A NEW SIDE HUSTLE

“Good things happen to those who hustle.” 



TRACK YOUR FINANCES

 
“Beware of little expenses“.


PAY OFF BAD DEBT

     “That’ll Make You Want to Cut Up Your Credit Cards”.

LEARN A NEW SKILL
 
“The beautiful thing about learning is that nobody can take it away from you.”