Mutual Fund Investment

Beginner’s Guide

Mutual funds have become an increasingly popular investment option over the years. They offer a convenient and cost-effective way for individuals to invest in a diversified portfolio of securities. In this article, we will discuss mutual fund investment and the key factors to consider before investing. Arodeal FinTech will guide you about Mutual Fund Investment in bellow contains.

What is a mutual fund?

A mutual fund is a type of investment vehicle that pools money from many investors to purchase a diversified portfolio of stocks, bonds, or other securities. The fund is managed by a professional fund manager who makes investment decisions on behalf of the investors. The profits earned from the investments are distributed among the investors in proportion to their investment in the fund.

Why invest in mutual funds?

There are several reasons why individuals choose to invest in mutual funds:

  1. Diversification: Mutual funds invest in a wide range of securities, which helps to reduce risk and minimize the impact of individual stock price movements.
  2. Professional management: Mutual funds are managed by experienced professionals who have the knowledge and expertise to make informed investment decisions.
  3. Convenience: Mutual funds are easy to buy and sell, and they offer a cost-effective way to invest in a diversified portfolio of securities.
  4. Liquidity: Mutual funds can be bought and sold on any business day, providing investors with the flexibility to manage their investments.

Factors to consider before investing in mutual funds

Before investing in a mutual fund, there are several key factors to consider:

  1. Investment objective: Mutual funds have different investment objectives, such as growth, income, or a combination of both. It is important to choose a fund that aligns with your investment goals.
  2. Risk profile: Mutual funds have different risk profiles, and it is important to choose a fund that matches your risk tolerance. Higher-risk funds have the potential for higher returns, but also come with higher risks.
  3. Fees and expenses: Mutual funds charge fees and expenses, such as management fees, administrative fees, and other expenses. It is important to understand these fees and expenses before investing in a fund.
  4. Fund performance: It is important to review the historical performance of a fund before investing. Past performance is not a guarantee of future performance, but it can provide insight into how the fund has performed in different market conditions.
  5. Fund manager: The fund manager plays a crucial role in the performance of the fund. It is important to research the fund manager’s track record and investment philosophy before investing in a fund.
Conclusion

Mutual funds offer a convenient and cost-effective way for individuals to invest in a diversified portfolio of securities. Before investing in a mutual fund, it is important to consider the investment objective, risk profile, fees and expenses, fund performance, and fund manager. By understanding these key factors, individuals can make informed investment decisions that align with their investment goals and risk tolerance.

5
Dec, 2020

SIM Swap Fraud & its Protection

By SIM swap, we simply mean changing mobile SIM cards. If this is done without your knowledge, then it is probably done for some fraudulent activity. Under SIM swap fraud, fraudsters get a new SIM card issued against your registered mobile number via the mobile service provider. With the help of this new SIM, they can get One Time Password (OTP). And other alerts required to carry out financial transactions through your bank account.

Modes of Operation:

In SIM Swap Fraud- The fraudster obtains the victim’s bank account details and registered mobile number. This can be done via social engineering tactics such as phishing, vising, smashing, etc.

– After this, he/she visit the mobile operator’s retail outlet posing as the victim with a fake ID proof to get the original SIM blocked.

– Post verification, the operator deactivates the genuine customer’s (victim’s) SIM and issues a new SIM card to the fake customer (fraudster).

– Now, the SIM swap fraudster can obtain OTPs with the new SIM. To conduct fraudulent transactions on the victim’s accounts using the banking details obtained via Phishing / Vishing tactics.

How to protect yourself from fraud?

Beware of SIM Swap Fraud by social engineering tactics (vising, phishing, smashing).Which aim to steal your confidential and personal data. If your mobile number is inactive / out of range, inquire with your mobile operator immediately. To avoid the worst-case scenario, immediately change your bank account password. Register for regular SMS as well as e-mail alerts for your banking transactions. (Even if your SIM is de-activated, you shall continue to receive the alerts in email).

Periodically access your bank account statement. To ensure that the transactions reflecting in the statement have indeed been made by you.

In case of a fraud, contact phone banking immediately to have your account blocked and avoid further fraud.

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Spend money on Cryptocurrency Today – How to begin Investing in Cryptocurrency

Cryptocurrency ventures are currently in high need. If you are not in debt, need a mortgage to give your regular bills, and you have already devoted Análise Bitcoin Millionaire Pro 15% of your annual income on progress stock money that are many times more steady than Cryptos, then you might desire to try out cryptos. If you haven’t heard of these people, then the initially question you’re here probably requesting is why might I want to devote in Cryptocurrencies? The response to that problem is that cryptos are a very efficient and reliable method to leverage http://plakatdesain.blogspot.com/ your hard earned dollars. By using cryptos as an investment vehicle you can have the ability to harness the potency of the internet, apply algorithms, and follow a pair of rules that could direct the investment return to you.

In this article we are going to give you a short overview on how you can benefit from investing in the digital foreign money industry. The first step in investing in any kind of asset class is to understand this completely. We highly recommend you getting a extensive course that addresses the whole of the property class. That way you’ll have a solid foundation of knowledge and commence building a sound data model to use for investments and make decisions about once and if to get.

Next, we are going to review the two most popular investment automobiles that are out there today, the Dashboard and the ChainlinkICO CardanoICO Advantage. Both of these property classes experience several advantages that sets them apart from all other investment automobiles available on the market. For instance , the Dashboard is a quick source of money-making info since it is certainly integrated considering the largest forex trading platform around. On the other hand, the ChainlinkICO CardanoICO Asset is easily one of the profitable and secure hedge investment options available today. Finally, we are going to review among the best ways you can mix up your portfolio using cryptosurfers like Cardano and the Dashboard.

14
Nov, 2020

Children’s Day 5 Lessons for every child

Children are the future. Wishing every child a very Happy Children’s Day.Here are the five lessons for  every child that must read for better future.

Inflation: Your guitar gets expensive every year:

Want to save money to buy that guitar you just saw in a shop’s window? It costs Rs 3,000 today. But it won’t cost you the same next year. Its price will go up. That’s because prices rise. Next year, it might cost you Rs 3,180. And in the year after that, it would cost you Rs 3,370. Let us look at this in a different way. What your Rs 100 note in your pocket can buy today, it would buy you fewer things next year. That is because every year, your money loses its purchasing power.

Compounding:

CompoundingImagine a magic box. You put in one coin and you get two. Then, when you put in two coins, you get three. That’s magic, right? Actually it happens in real life too. When your mom and dad put money in an investment, your money grows. It’s called compounding because your money earns interest. Your kitty becomes bigger. After some time, when you make a withdrawal, you don’t just get what you had originally put in. You get something more.
What is the currency of USA?
What is the currency of USA?

You love foreign holidays, right? We all love to shop there too. But did you know that different countries use different currencies? If you buy a tennis racquet in the US- say the Wilson Clash 26 tennis racquet- it’ll cost you $119. You need to convert as much as Rs 8,894 to be able to buy your tennis racquet worth that much. If you buy the same racquet in London, you need to spend British Pounds 79.99. How much Indian rupees is that? Rs 7,972. And if you buy the same racquet in France, you need to pay Euros 90.99. That’s Rs 8019. The price of something bought here in India is different than when you buy abroad. Different countries have different currencies.

Spend carefully. Be a good kid:

Spend carefully. Be a good kid What do you do when your mom and dad give you a chocolate bar? Of course you’ll eat it; who wouldn’t? But do you eat it all at once? Hopefully not. If you get one big chocolate bar a month, then you cut it up into pieces and eat one piece a day. If your chocolate lasts for an entire month, you get a new chocolate bar next month. But if you eat it up all at once, you will crave for chocolate for the rest of the month. What’s the lesson? You’ve got to spend wisely. Don’t spend all your money at once. Spend slowly.

 

Giving:

Giving

Don’t forget to give a gift to someone and make someone happy. Money is not just to be used to buy us good things or what we need. Just like how we buy things with our money, we should also help those in need. This Diwali, try giving some gifts to your loved ones, your friends and also your domestic helps.

Credit:-Moneycontrol