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Gaurav Patel created a new blog post, What is SIP and How to invest in SIP using MO Systematic Investment Plans?SIPs or Systematic Investment Plans are a method through which individuals can invest in mutual funds. With a SIP, an in...Post is under moderationStream item published successfully. Item will now be visible on your stream. -
Gaurav Patel created a new blog post, Is Elon Musk CEO of Dogecoin?While Elon Musk has built companies like Tesla and SpaceX, he is not the CEO of Dogecoin. Since last year, the tech gian...Post is under moderationStream item published successfully. Item will now be visible on your stream.
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Gaurav Patel created a new blog post, Can Cryptocurrency be converted to cash?Cryptocurrency is a variant of digital currency that was introduced to act as a medium of exchange. It has gained quite ...Post is under moderationStream item published successfully. Item will now be visible on your stream.
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Gaurav Patel created a new blog post, How Dogecoin went from a joke to hot property in no time?Dogecoin is a cryptocurrency made as a joke by Billy Markus and Jackson Palmer in late 2013. The coin was developed as a...Post is under moderationStream item published successfully. Item will now be visible on your stream.
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Gaurav Patel updated a blog postDogecoin is a cryptocurrency made as a joke by Billy Markus and Jackson Palmer in late 2013. The coin was developed as a...Post is under moderationStream item published successfully. Item will now be visible on your stream.
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Gaurav Patel created a new blog post, What are the different types of mutual funds?Mutual funds are among the most preferred investment plans in the market. Mutual funds are investment schemes formed whe...Post is under moderationStream item published successfully. Item will now be visible on your stream.
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Gaurav Patel created a new blog post, Difference between SIP and mutual funds?Mutual Fund is an investment avenue wherein a mutual fund company pools funds from many investors to invest in stocks, b...Post is under moderationStream item published successfully. Item will now be visible on your stream.
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Gaurav Patel created a new blog post, What is futures and options trading?Futures Trading In a Futures Contract, a buyer or a seller enters into a contract and agrees to buy or sell a specific q...Post is under moderationStream item published successfully. Item will now be visible on your stream.
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Gaurav Patel shared a linkMutual Fund is an investment avenue wherein a mutual fund company pools funds from many investors to invest in stocks, bonds, money market instruments, gold, other assets, etc. These funds are managed by professional fund managers. Depending on the investment objective mutual funds are further... Mutual Fund is an investment avenue wherein a mutual fund company pools funds from many investors to invest in stocks, bonds, money market instruments, gold, other assets, etc. These funds are managed by professional fund managers. Depending on the investment objective mutual funds are further categorized into various schemes.
There are 2 ways to invest in a Mutual Fund:
1) Make a one-time Lumpsum Purchase
2) Systematic Investment Plan (SIP)
A Systematic Investment Plan (SIP) allows you to invest in a scheme on regular basis in smaller amounts at various frequencies (Weekly, Monthly, etc). It is a more disciplined way of investing. You can accumulate mutual fund units at different prices as markets keep fluctuating. This helps in wealth creation in the longer run. You can have multiple SIPs based on your financial goals. MorePost is under moderationStream item published successfully. Item will now be visible on your stream. -
Gaurav Patel created a new blog post, What is short selling?Short selling is the phenomenon in which the investor sells the shares that they don’t own at the time of a trade. In sh...Post is under moderationStream item published successfully. Item will now be visible on your stream.
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