Alternative investments have become increasingly popular in recent years as investors seek new ways to diversify their portfolios and generate returns. In India, where traditional investment options such as Fixed Deposits, Post office savings schemes, Insurance savings schemes, Gold, Stocks, Mutual Funds are dominant, alternative investments have gained momentum and offer several options for investors to explore.
Congratulations on taking the first step towards investing! As a young person in India, it’s important to start investing your money early in life to take advantage of the power of compounding. Investing can help you achieve your long-term financial goals, such as buying a home, starting a business, or saving for your retirement. In this article, we’ll explore the steps you need to take to get started in investing.
Investing for building wealth can be compared to two different formats of cricket - T20 and Test Match. Both require different skills, patience, and a long-term view to succeed. In this article, we will explore how T20 and Test Cricket can teach us about investing for building wealth.
Mutual funds are a popular investment option in India. There are two main types of mutual funds i.e., Equity Funds and Debt Funds. Debt funds invest in various debt instruments making them less volatile compared to Equity Funds. There are various types of debt funds such as Overnight Funds, Liquid Money Market Funds, Ultra-Short Duration Funds, Low Duration Funds, Long Duration Funds, Corporate Bond Funds, Credit Risk Funds, etc. Each of these funds caters to the different needs of investors.