Passive funds for young earners

What a great moment! My first salary. I am all set for financial freedom. But what should I do with it? Regularly investing a small portion of your salary can reap huge rewards. Moreover, the earlier you start, the better. With time on your side, you can benefit from the magic of compounding. But wait... There are so many options to choose from. Mid-cap equity funds Index funds ETFs Hybrid funds Thematic funds Sectoral funds Large-cap equity funds Flexi cap funds Traditional investments Young earners might not be financially savvy in the first place. They may not know how to start investing. Passive funds can be of great help here. Passive funds simply track an underlying ind

This article was originally published on March 18, 2024.