After Urjit Patel's appointment as RBI governor-designate, the bond market witnessed a sell-off, as it became evident that there won't be any significant change in stance
Mutual funds offer a variety of equity funds, i.e. multi-, large- and mid-cap, sector, thematic and those which follow an aggressive investment strategy such as opportunity and value funds.
There are several pitfalls of following this strategy and it can ruin the long-term prospects of your investment portfolio.
The key is to concentrate on selection and maintaining the disciplined way of investing.
It is important to know that investing is a process, not a one-time activity
For a new investor the right way to begin is consider well diversified funds that invest predominantly in large cap stock
How a first time investor can conquer these fears and benefit from investing in equity funds and build wealth over time.