FDs are interest generating instruments and the return is not linked to the markets. It entirely depends on your goal and the time frame when it comes to choosing a mutual fund or FD. If you want to invest for 1-3 years you can look at debt funds as well as FDs. For longer periods of 7 years or more, equity mutual funds make more.
Is it a good time to invest more?
It depends. If your asset allocation is good, you have a good emergency fund capable of seeing you through at least six months of no income in a worst-case scenario, and preferably, you don’t see an impact on your job or sources of earning then the question can be asked in earnest. If you are a believer in India’s growth story, despite this pandemic, then this is a time to continue investing if you have the income to support investments. Those of you who stay invested now will reap the benefits in the future.
Is it safe to invest in India now?
If you have a good asset allocation strategy in place and know your goals then any time is a safe time to invest. Safety of investment depends on aligning your investments to your goals and timeframe and then choosing the most appropriate asset class and the right mutual fund within that. For short term investments debt funds make the most sense and for the long term of 7 years or more, an appropriate equity fund makes the most sense.
How mutual funds are rated?
Mutual funds are rated based on the analysis of the fund’s track record and it’s consistency, it’s size and Scripbox view of the sub-asset class.
How is Scripbox for investment?
Scripbox uses a proprietary algorithm to select the best and right funds within an asset class for a particular goal, whether long term or short term. It is a transparent and easy to use service that can help investing in mutual funds easier and much more effective for you.
What is the average fee for mutual funds?
There are no fees that Scripbox charges you as an investor directly.
How much does Scripbox cost?
There are no fees that Scripbox charges you as an investor directly.
