In this episode, Kunj Bihari Gupta of Nainath Advisory talks about how mutual funds have become the best option in short as well as long term. In current market scenario, equity fund is the best option to invest through Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP) for long term in terms of returns. Debt fund works in a similar fashion as compared to fixed deposits or savings account in terms of risk. Debt funds can be short term, i.e. less than 3 years and long term which is more than 3 financial years.
Gupta asserts that, “Every person should have liquid fund account and should park the unused money in that account instead of savings account to take the advantage of better interest in comparison to savings account." The rating of the fund should be kept in mind before investing to minimize the risk, he warns. Investment should be done in a disciplined manner keeping in mind the risk profiling and liability in accordance to the goals. Long term debt funds are tax efficient as the investor gets benefit of indexation and hence the capital gain if taxable is much lesser as compared to fixed deposits.
To know more, Click on Picture.
Vishal Gupta,
Radio Dwarka,
India's First Online Community Radio,
Friday, October 20, 2017
SBI Fund Guru | Kunj Bihari Gupta | Liquid fund account better than savings accountYou need a browser with JavaScript!
Recent Posts |
|
