{"id":994,"date":"2024-04-22T06:00:24","date_gmt":"2024-04-22T06:00:24","guid":{"rendered":"https:\/\/jamawealth.com\/askguru\/?p=994"},"modified":"2026-03-02T19:29:12","modified_gmt":"2026-03-02T19:29:12","slug":"how-can-i-be-familiar-with-mutual-funds-having-no-experience-prior","status":"publish","type":"post","link":"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/22\/how-can-i-be-familiar-with-mutual-funds-having-no-experience-prior\/","title":{"rendered":"How can I be familiar with mutual funds having no experience prior?"},"content":{"rendered":"\n

You can gain experience only by doing it. This applies to MFs and any other \u2018thing\u2019 in life!<\/p>\n\n\n\n

Here s how you do it:<\/p>\n\n\n\n

  1. Start small with as little as Rs 500 systematic investment plan in a mutual fund.<\/li>
  2. If you are not willing to take much risk, start with a liquid fund. These assure return of principal and slightly better than bank returns.<\/li>
  3. But the best way to learn is to start with a small investment in a equity fund.<\/li>
  4. Observe how the NAV of the investment changes over time. Using the Maxiomwealth app you can easily monitor this.<\/li>
  5. You will see that in the long run equity funds build wealth, far more than other options available.<\/li><\/ol>\n\n\n\n

    To learn more, read the\u00a0FAQs<\/a>\u00a0on Maxiomwealth or the\u00a0Blog<\/a>\u00a0on Maxiomwealth. Shoot any questions to\u00a0help@jamawealth.com<\/a><\/p>\n\n\n\n\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 Compare Funds \u2192<\/a>\n Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

    You can gain experience only by doing it. This applies to MFs and any other \u2018thing\u2019 in life! Here s how you do it: Start small with as little as Rs 500 systematic investment plan in a mutual fund. If you are not willing to take much risk, start with a liquid fund. These assure… Read More »How can I be familiar with mutual funds having no experience prior?<\/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":[200,38],"tags":[],"class_list":["post-994","post","type-post","status-publish","format-standard","hentry","category-investing-for-beginners-mutual-funds","category-mutual-funds"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/994","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=994"}],"version-history":[{"count":2,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/994\/revisions"}],"predecessor-version":[{"id":3723,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/994\/revisions\/3723"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}