Innovative Ways to Make Money from Mutual Funds

Innovative Ways to Make Money From Mutual Funds

Many people don’t have any expertise to chose the right mutual funds. And well, this can be disastrous. I personally advise people to check the star ratings of the mutual funds from reputed fund rating websites like Valueresearchonline.com and choose 4/5 star rated mutual funds from it.

However, if you still don’t feel comfortable with this kind of investing than here are the two great ways to invest in mutual funds without any hassle.

01) Index Funds:

Well, yes. Index Funds. The Index funds have a portfolio that is mirror image of the underlying index. almost 60% of the actively managed mutual funds fail to beat the Sensex and give you the excellent returns. Than why not invest in Sensex itself, the bunch of largecap stocks from various industries?

In the long run, Index funds can give you excellent returns. One another advantage of index funds is – low fund management fees in comparison to the actively managed funds.

02) Fund of Funds (FoFs):

Now, many fund houses like ICICI offers FoF means these funds are the collection of carefully chosen other well managed mutual funds. If you don’t have any knowledge about how to choose a good mutual fund than simply put your money in FoF.

Thus, the above are the two great alternatives to invest in mutual funds if you don’t know how to select best mutual funds for you.

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In my eBook, I have explained 6 basic lessons and 10 commonest myths about money that rich teach their kids about money but the poor and middle class don’t.

You can download this eBook for FREE from the above link without any annoying registrations and boost your financial IQ by several folds.