What are mutual funds, and how do I invest in them?

Here are some steps:

1. Start with knowing how mutual funds grow by investing in stocks and bonds.
2. Understand that investing is a long term thing. It is possible to get rich, slowly.
3. Minimise costs and commissions. Go for only direct plan mutual funds as they involve 0% commission to brokers and distributors.
4. Use a high quality, direct plan online platform that aggregates all mutual funds in one place. Check out Jama.co.in (i am associated with Jamā).
5. Invest by planning for specific goals – home, children, education, marriage and most importantly retirement.

Happy Investing!