Here's everything a first-time investor needs to know about this investment option
Mutual funds are a well-diversified, low-cost and tax-efficient way of growing your savings. They are an ideal investment option for those who do not have the expertise for stock investing. You simply invest in a fund, and the fund manager will do the job of picking the stocks that they think will yield good returns.
This article was originally published on December 03, 2021, and last updated on July 29, 2024.
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