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.
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.
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