Is mutual fund investing good for Indian working people?

For most Indian working people, Mutual fund investing via index funds is teh best choice. Avoid actively managed funds that have not been doing well for long periods of time, or are having high expense ratios.

The advantage of index funds is that they mirror the market performance and carry a low expense ratio. It has been established that most actively managed funds have underperformed index funds.

And yes when investing in these funds, go for a direct plan that has lesser expense ratio.

While index mutual fund investing is good, direct equity investing is better. Make sure you go with an advisor who is trusted and is not into brokerages and unnecessary churn.

Disclaimer:

I am a SEBI Registered Investment Advisor, however the answers here should not be considered as investment advice. Please contact me via the information shown in the profile for any investment advice related to direct equities or other investments.