How will you benefit from investing early in mutual funds?

What is the right way to invest in mutual funds? How will you benefit from starting investment in mutual funds early? How is compounding beneficial in SIP?

Representative image (Pixabay)

Among the components of the S&P BSE Healthcare index, Unichem Laboratories Ltd (up 6.83%), Neuland Laboratories Ltd (up 6.59%),Ajanta Pharma Ltd (up 6.53%),Alembic Ltd (up 6.31%),IOL Chemicals & Pharmaceuticals Ltd (up 5.2%), were the top gainers. Among the other gainers were Wockhardt Ltd (up 4.42%), Dr Reddys Laboratories Ltd (up 4.03%), Suven Life Sciences Ltd (up 3.91%), Take Solutions Ltd (up 3.29%), and Granules India Ltd (up 3.22%).

On the other hand, Strides Pharma Science Ltd (down 1.6%), Dr Lal Pathlabs Ltd (down 1.03%), and ERIS Lifesciences Ltd (down 0.52%) turned lower.

At 09:48 IST, the S&P BSE Sensex was up 142.25 or 0.29% at 49939.97.

The Nifty 50 index was up 65.7 points or 0.45% at 14713.55.

The S&P BSE Small-Cap index was up 155.99 points or 0.84% at 18801.93.

The S&P BSE 150 Midcap Index index was up 64.34 points or 1.02% at 6384.33.

On BSE,1416 shares were trading in green, 714 were trading in red and 104 were unchanged.

Powered by Capital Market – Live News

Published: February 3, 2021, 10:48 IST
Exit mobile version