Best Mutual Funds Service Provider In Navi Mumbai, India
Mutual Funds
Start investing in mutual funds without worrying about market risks.
Overview
Mutual Funds are one of the most effective ways to build wealth over the long term. At FinEthics, we analyze your financial goals, risk appetite, and investment horizon to recommend the best-suited mutual fund schemes for you. Whether you are planning for retirement, children's education, or buying a home, we have a plan for you.
Advantages Of Mutual Funds
Diversification
To diversify is to reduce risk. We can spread our mutual fund investments across asset classes like Debt, Equity, Hybrid etc. The advantage of mutual funds is that diversification is automatically done. Instead of buying shares, bonds, and other investments on your own, you outsource the task to an expert.
Cost
Mutual funds are one of the best investment options considering the costs involved. If you hire a portfolio management service, you will typically be charged less than other investments.
Option to Choose SIP or Lumpsum
Mutual funds also give you the flexibility to invest through SIP (Systematic Investment Plan) or lump sum.
Professional Management
The advantage of mutual funds is that they are managed by professional experts. To ensure your money is invested in the right place, you have to choose the right mutual fund. Once invested, you can relax knowing an expert will make necessary changes to the portfolio whenever required.
Liquidity
One advantage of mutual funds that is often overlooked is liquidity. In financial jargon, liquidity basically refers to the ability to convert your assets to cash with relative ease. Mutual funds are considered liquid assets since there is a high demand for many of the funds. You can retrieve money from a mutual fund very quickly.
Simplicity
While investing, the availability of information and data is particularly time-consuming. In mutual funds, the research and data collection is done by the funds themselves. All you have to do is analyze the performance. Mutual fund dealers allow you to compare the funds based on different metrics, such as level of risk, return, and price.
Tax Efficiency
Mutual funds are relatively more tax-efficient than other types of investments. Long-term capital gain tax on equity mutual fund is zero, which means, if you sell your investment one year after purchase, you don't have to pay tax. Apart from this, there are certain classes of funds, called ELSS funds, that are exempt under section 80C up to a limit of Rs 1.5 lakhs.
How To Select Mutual Funds - Know From Our Experts
Mutual Funds are of different types – This allows investors to invest in particular types of funds, depending on their goals.
Liquid Funds
To park money for an extremely short term, you can invest in liquid funds.
Ultra Short Term Funds
To invest money for a short-term duration like 1 to 3 years, you can invest in Ultra Short Term Funds.
Equity Funds
For long-term investing, you can invest in equity funds. In equity funds, one can choose from high-risk funds like mid cap and small cap funds to relatively less risky funds like large-cap and diversified funds.
Balanced Funds
Investors who want to adopt a middle approach can choose balanced funds.
Key Features
- Expert Fund Selection
- Portfolio Rebalancing
- SIP (Systematic Investment Plan)
- ELSS for Tax Saving
- Goal-based Planning
Benefits
Professional Management
Your money is managed by experienced fund managers.
Diversification
Reduces risk by investing across various sectors and companies.
Liquidity
Easy to buy and sell units at any time (subject to exit load/lock-in).
Tax Efficiency
ELSS funds offer tax deductions under Section 80C.