Markets at record highs: Here’s a guide to help you select right mutual funds

Money9 Helpline hosted CFP Poonam Rungta to help you understand selecting suitable mutual funds for your portfolio.

  • Money9
  • Updated On - October 14, 2021 / 03:57 PM IST

When stock markets face an upcycle, investing in equities becomes more attractive for investors. Instead of investing in stocks directly, mutual funds can come in handy. But how to figure out which mutual fund is the one that you are looking for? Money9 Helpline hosted CFP Poonam Rungta to help you understand selecting suitable mutual funds for your portfolio.

Rajkumar Saini: When stock markets are a its high, at that time what are the things we should be cautious of, when selecting the mutual funds?

Roongta: First of all for equity exposure, mutual funds are the best option for those who don’t have expert knowledge of markets. We are often busy in our day-to-day life and lack the technicalities of stock markets. In that case, when you have a fund manager to help you build the strategy for wealth creation it proves to be a very good way of investing. You should invest through mutual funds for equity exposure. This time is good for this particular category of mutual funds that is balanced advantage funds. Mutual funds is a core product, it has many categories available. A fund manager will also help you to identify such products for your portfolio.

Watch the full video to know more…

 

(Follow Money9 for latest Personal finance stories and Market Updates)

Latest Videos

Best of Money9