And more over who should invest in this financial product? Mentioned below are some of the salient features of Mutual Funds.

 It is a large pool of money, collected from thousands of small / big investors which are typically managed by a fund manager.

 The risk in mutual funds in minimal because it is monitored by SEBI and constantly graded by ratings organisations. Low fees - This simply means less negative impact on your returns.

 Fund managers generally invest this corpus in stocks, bonds, money market instruments and other assets to minimise risk and increase returns.

The reason for investing in SIP is twofold.

 Investment can be made in small amounts. Even Rs. 500 per month can go a long way in wealth generation

 This amount can be increased or decreased based on the final financial goal. It is this flexibility which makes SIP a practical investment option.