Mutual Funds Investment—Merit to Child’s Education

Authors

  • Sapna Arora Lovely Professional University, Phagwara, Punjab, India

Keywords:

Mutual funds, education, investment plans, wealth management

Abstract

Saving for your child's education can cause a great deal of pressure however with legitimate arranging and proper planning it doesn't need to be a matter of any mental tension. Regardless of whether your child needs to go to medical school or arts school, Mutual Funds are your financial related pressure busters. An incredible spot to begin is with a Systematic Investment Plan (SIP) that enables you to spare a specific measure of money all the time. With SIP you can put a fixed sum in shared assets, on frequencies like week after week, month to month or quarterly in this manner empowering ordinary funds and furthermore thus encouraging regular savings and earn the benefits of power of compounding. It is best to stay invested for a longer period to create wealth. It is ideal to remain contributed for a more drawn out timeframe to make riches.

Author Biography

Sapna Arora, Lovely Professional University, Phagwara, Punjab, India

Sapna Arora

Assistant Professor

Lovely Professional University, Phagwara, Punjab, India

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Published

2019-06-18