{"id":322,"date":"2024-04-15T10:28:41","date_gmt":"2024-04-15T10:28:41","guid":{"rendered":"https:\/\/jamawealth.com\/askguru\/?p=322"},"modified":"2026-03-25T07:06:50","modified_gmt":"2026-03-25T07:06:50","slug":"how-do-i-invest-in-mutual-funds","status":"publish","type":"post","link":"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/15\/how-do-i-invest-in-mutual-funds\/","title":{"rendered":"How do I invest in mutual funds?"},"content":{"rendered":"

It is just awesome that you want to invest at an early age. Investing online in mutual funds is quite easy and paperless.<\/p>\n

Which Funds to Invest:<\/strong><\/p>\n

    \n
  1. Always invest in Direct Plans<\/strong> of Mutual Funds. They entail 0% commission which is a great deal. The 1.5% commission per year (actually calculated and incurred daily) adds upto 40% of TOTAL investment.<\/li>\n
  2. Invest in Direct Plans of Equity Mutual Funds <\/strong>as these give you the best returns over long term. As a student you have time on your side.<\/li>\n
  3. If you are willing to take higher risk go for a combination of multicap, mid cap or small cap funds. This is a complex topic, but can be simplified by taking a risk profile. There are tools which then recommend which funds to invest based on the risk profile. You can get a risk profile done here<\/a>.<\/li>\n
  4. Ensure that your investments map to an objective and horizon in addition to your risk appetite. An open ended objective (to build wealth) is just fine.<\/li>\n<\/ol>\n

    The Process:<\/strong><\/p>\n

      \n
    1. Signup at one of the online portals that aggregate direct mutual funds. I am with Maxiomwealth<\/a>\u00a0and will recommend that, for the ease of use, best direct plan selection, goal planning and strong advisory capabilities.<\/li>\n
    2. Once you signup, investing is easy. Choose from one of the fund categories, start your investment and complete your account opening (one-time activity that takes 2 to 3 minutes). Subsequent investments can be done in seconds.<\/li>\n
    3. Starting a Systematic Investment Plan (SIP) is a smart way to invest as it automates your investments. You can simply tag your Aadhar linked bank account to the investment and funds get automatically get invested each month.<\/li>\n<\/ol>\n

      Tip: <\/strong>Being very young, you can also target a goal, by saying that you wish to be financially free by age 35 or age 40 (very much possible, by investing 40%-50% of your earnings).<\/p>\n

      The following pic shows how just \u20b9 10k investment per month can get you about \u20b9 7 crores over a career (assuming 15%). Same reduces by \u20b9 2 crore when you invest via a broker\/app\/distributor\/bank that does not offer you direct plans.<\/p>\n

      \"\"\/<\/figure>\n

      <\/p>\n

      \n

      Maxiom Wealth \u2014 Free Tool<\/p>\n

      Is Your Mutual Fund Working Hard Enough?<\/h3>\n

      Two funds with similar star ratings can deliver very different outcomes. Use our fund comparison tool to check if you’re in the right scheme for your risk profile and investment horizon.<\/p>\n

      Plan your SIP with our Calculator →<\/a><\/strong><\/p>\n

      Compare Funds \u2192<\/a>
      \n       Talk to a Financial Advisor<\/a>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

      It is just awesome that you want to invest at an early age. Investing online in mutual funds is quite easy and paperless. Which Funds to Invest: Always invest in Direct Plans of Mutual Funds. They entail 0% commission which is a great deal. The 1.5% commission per year (actually calculated and incurred daily) adds upto 40%… Read More »How do I invest in mutual funds?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,39],"tags":[],"class_list":["post-322","post","type-post","status-publish","format-standard","hentry","category-mutual-funds","category-mutual-funds-book"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=322"}],"version-history":[{"count":3,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/322\/revisions"}],"predecessor-version":[{"id":4432,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/322\/revisions\/4432"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}