Mutual Funds For Millennials In 2021

[{"selector":"#anim-456956ee-5ba8-40e2-b7b0-1801d30aa1a9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(51.52544438292064%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"fill":"both"}] [{"selector":"#anim-5b819767-4a9b-4780-aa59-7f0ff69b7aef","keyframes":{"transform":["translate3d(113.43751%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2e2490e5-1fdc-44e1-9841-0fce19aa61c7","keyframes":{"transform":["translate3d(-117.9153%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Investing Is For Everyone As a millennial, whether you are still at an associate, mid-management level or senior position, investing and saving is for everyone. And the sooner you start, the better.

[{"selector":"#anim-2b167b91-77e2-4fce-8457-900b4a08409b","keyframes":{"transform":["translate3d(128.26856%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cad73fc4-b209-41a5-b7db-ea55eb29e603","keyframes":{"transform":["translate3d(-115.96091%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Millennials Vs Older Generations While older generations think about saving up for retirement as soon as they start earning, millennials think that investing in a goal that’s 25-30 years away can wait.

[{"selector":"#anim-1c3c50a3-31fe-40f9-9646-34ca521e7148","keyframes":{"transform":["translate3d(128.26856%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-af882be6-fef7-4141-a67a-9f9e34613673","keyframes":{"transform":["translate3d(-115.63519%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Millennials Vs Older Generations While older generations think about saving up for retirement as soon as they start earning, millennials think that investing in a goal that’s 25-30 years away can wait.

[{"selector":"#anim-a4f448eb-4425-4c05-8202-0f8bef5a2b49","keyframes":{"transform":["translate3d(128.26856%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a80b0940-74d4-4594-9f0f-3dcfb55fa9df","keyframes":{"transform":["translate3d(-115.63519%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Mindset Younger Millennials tend to save less and spend more, leading a consumption-driven rather than savings-driven lifestyle. Most often, they spend on gadgets, entertainment, vacations, apparel.

[{"selector":"#anim-6b8d16c3-328d-49d6-b2a6-00af18723ff7","keyframes":{"transform":["translate3d(126.50176%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-24be7354-00d9-42fd-a09a-cdae535619d8","keyframes":{"transform":["translate3d(-117.58958%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Mutual Funds For Financial Goals Millennials tend to have more short-term goals compared to the older generations - but whether it’s a vacation or early retirement, investing in mutual funds is wise.

[{"selector":"#anim-e6a0bcf5-0b00-4dc7-b2f3-9d47c24f3221","keyframes":{"transform":["translate3d(126.50176%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-37f12e4b-a248-4a77-87d2-6865ac156c88","keyframes":{"transform":["translate3d(-117.58958%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] How Mutual Funds Work Several investors pool their money together, which is managed by a fund manager. This corpus is invested in debt, equity, liquid and other asset classes.

[{"selector":"#anim-d532e912-ef84-42d7-b71e-b338e93a8223","keyframes":{"transform":["translate3d(115.11253%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bbceed15-b42c-499f-94ca-6c2b40fd2117","keyframes":{"transform":["translate3d(-117.58958%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Best Equity Funds 2021 Some of the best equity mutual funds to invest in include Axis Bluechip Fund, Invesco India Growth Opportunities Fund, Mirae Asset Large Cap Fund & Parag Parikh Flexi Cap Fund.

[{"selector":"#anim-ce0da8f6-a1f0-4749-958b-6897e5d47a0c","keyframes":{"transform":["translate3d(115.43408%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-686048ad-6ffb-40b2-bfda-4331785af230","keyframes":{"transform":["translate3d(-117.58958%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Best Debt Funds 2021 The best debt funds to invest in this year include ICICI Prudential Savings Fund, Kotak Savings Fund and Tata Liquid Fund.

[{"selector":"#anim-b1f5d492-54e1-4330-8fd5-fd9e169dfbac","keyframes":{"transform":["translate3d(115.43408%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f9c0f4b8-5329-4040-9388-6c6536826640","keyframes":{"transform":["translate3d(-117.58958%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Best Liquid Funds Some of the best short-term liquid funds to invest in are Axis Liquid Fund and Tata Liquid Fund.

[{"selector":"#anim-63eaf68e-9e64-4cd9-b700-fcd038d2e6a8","keyframes":{"transform":["translate3d(172.59614%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4b13906c-50c2-4808-ac1a-122f634bc7ad","keyframes":{"transform":["translate3d(-116.93811%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Invest Now You can start as low as Rs.1000 a month - but it’s important to start investing some money now, for a financially secure future free of worry.

[{"selector":"#anim-3d4e8771-b369-4782-8bab-9d2dea771d77","keyframes":{"transform":["scale(0.05)","scale(1)"]},"delay":101,"direction":"normal","duration":1401,"easing":"cubic-bezier(0.77, 0, 0.175, 1)","fill":"both"}] [{"selector":"#anim-d5f2b943-f59c-4130-9994-38586802fc9b","keyframes":{"transform":["translate3d(0px, 100px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"direction":"normal","duration":1400,"easing":"cubic-bezier(0.77, 0, 0.175, 1)","fill":"both"}] [{"selector":"#anim-0b7e9bb5-70d7-4174-b658-fcb5a1749406","keyframes":{"opacity":[0,1]},"delay":800,"direction":"normal","duration":600,"easing":"linear","fill":"both"}] Mutual Fund investments are subject to market risks, read all scheme related documents carefully.