Simplified education, tech access can lead to informed investment choices, empower growth
These index mutual funds delivered up to 53% return in one year. Do you have any in your portfolio? In this phase of the transformation of investment choices and habits, experienced investors are exploring options to diversify their investment portfolios. Gen Z and Gen X investors, on the other hand, are showing proclivity towards adding new-age investment elements to their portfolios.
Having said that, we are living in a phase where social media has become the informal first port of call for investors to gather information and peer influence often shapes investment decisions. There is a possibility that the overabundance of information and opinion could end up overwhelming a larger section of potential investors. Also Read: Stocks to buy this week: RIL, SBI, Nazara Tech, YES Bank, HCL Tech, IREDA among 12 technical picks; do you own any? Savings with purpose and investments based on fiscal prudence are at the heart of wealth creation.
For instance, the robust economic growth outlook of the country and the capability to beat inflation could be the two potent triggers for investors to pump money into the stock market. However, an asset class like equity faces volatility and one needs to allocate that much part of her/his investment which is within her/his risk tolerance and with which he/she can stay invested with a long-term outlook. Mutual fund SIP is an effective tool to reduce the impact of market volatility on investment.
However, investing in SIPs needs to be in line with the investment goals, preferred time horizons and risk appetite. The do-it-yourself (DIY) has emerged as a popular choice among new-age investors due to the availability of abundant information and opinions on the web. However, at the end of the
. Read more on livemint.com
