'I would advise at least a 7-year investment time frame for equity investing.'
Illustration: Uttam Ghosh/Rediff.com
Mutual funds are a popular investment tool for investors because it offers a convenient and cost-effective way to invest in the financial markets.
MFs are also right way to invest into because it provides affordability, liquidity, tax benefits, and professional management and most importantly it helps in maximizing returns by effectively utilising hard earned money.
So which are the best MFs to invest in? Which option to choose -- equity, debt or balanced funds?
Mr Ashok Kumar, a first generation entrepreneur and founder promoter of LKW Investment Advisers, a knowledge based investment advisory company based in Mumbai will answer your queries.