I'm new to MF investments. Planning to start and installed Groww. Could you suggest some best funds to invest for long term growth.
And tell me should I invest as bulk or divide and invest monthly.
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Mutual fund is Long time investment So I suggest you go to bank don't belive on financial application belive financial advisor as banking channel
best time to invest as much as u can(top up only, no lumpsum) in index fund
Means? If I have a 50k to invest now and I'm planning to invest like 10 kneach month from next month.. that'll be good?
Rather than index fund, go for ETF, they are almost same but ETF has the benefit of having almost zero expense ratio, making its return slightly better than index fund. Only benefit of index fund is that you can setup auto-debit sip. I doubt if you can do that with etfs. For ETF, you need to manually buy it just like stock buying, on your specific day of the month (like salary day may be)
What's ur age/ salary/ how much planning to invest? Accordingly can advice you
You can directly go to AMC websites and invest
https://www.threads.net/@money_fin_o/post/DHLSxB8IwDu?xmt=AQGzEd1j62DQCY6NpKF91-UeOroIZClIv2jmyV3Qtjfazg
Invest on Jupiter. They EOP and gives same day NAV. Also they have no penalty auto skip sips
Bank's take additional cut over and above expense ratio. I do sip with angle one within the demat account itself, they don't charge anything extra. Diversify between multiple apps or brokers.