Glimpse Of The Workshop
Explained the fundamentals of personal finance, such as the need for financial planning at an early age, the power of compounding, goal planning, and the significance of SIPs in mutual funds.
Because learning starts with questions
How good is it to invest in Index funds?
Index funds are a category of mutual funds and exchange-traded funds (ETFs) that have a portfolio built to mirror or track the components of a financial market index. These funds will always follow their benchmark index regardless of market conditions.
Why should I choose mutual funds over equities if I am able to perform my own research?
You may do so if you are enthusiastic about it and believe you can devote the required time and effort. With mutual funds, you can benefit from expertise, as the money is managed by a fund manager without your involvement and you can gain exposure to various of stocks with a small investment.
Is it important to diversify money for beginners?
Diversification is a prudent investment strategy because your risk is spread across multiple asset classes.