Methods to plan your investments:
1. Your financial goals
2. Set your goal
3. Plan for inflation
4. Decide savings vs investments
5. Identify the right asset class for you
6. Calculate investment risk
Navigating the world of mutual funds can be overwhelming with the numerous options available in the market. As an investor, understanding how to select the right schemes based on your investment goals is crucial for building a successful portfolio. In this guide, we’ll explore the key factors to consider when choosing mutual fund schemes.
SEBI Circular on Categorisation and Rationalisation of Mutual fund schemes, 2017
SEBI has categorized all Mutual funds in 5 Broad categories:
– Equity Schemes (11 sub-categories)
– Debt Schemes (16 sub-categories)
– Hybrid Schemes (6 sub-categories)
– Solution Oriented Schemes (2 sub-categories)
– Other Schemes (2 sub-categories)
