Investment Diversification

Growth vs IDCW Mutual Fund: Which Choice Best Fits Your Needs?

Investing, Mutual Funds / By My Finopedia / October 16, 2023 October 16, 2023

The choice between investing in a Growth mutual fund and an Income Distribution Cumulative Withdrawal (IDCW) mutual fund depends on your financial goals, risk tolerance, and investment horizon. Investing in mutual funds is a pivotal decision for anyone looking to grow their wealth or generate income from their investments. When choosing between a Growth mutual …

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Is Repaying a Home Loan through Mutual Fund SIPs a Good Idea?

EMI & Loan, Mutual Funds, SIP / By My Finopedia / October 6, 2023 October 6, 2023

Repaying a home loan through mutual fund Systematic Investment Plans (SIPs) can be a strategy worth considering, but it comes with both potential advantages and risks. Advantages: 1. Diversification-Mutual funds offer diversification across various asset classes like equities, debt, and hybrid funds. This diversification can help manage risk better compared to investing in a single …

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