It really depends on your investment objectives. There are many categories of mutual fund schemes and you need to choose a scheme that best suits your financial goals and appetite for risks. That being said, there are several advantages of mutual funds investment that make it one of the most popular vehicles of investment in the country today. Some of them are:
• Flexibility in payment option – can be lump sum investment or periodic payments through SIP schemes.
• Easy to understand and convenient to buy/sell.
• Professional management and lower costs.
• Diversification helps hedge against risk.
• Small investment possible.
