Money Guru: How Does The Power Of Compounding Work In Mutual Funds? Should You Buy A Mutual Fund Based On Its Rating?
Zee Business Video Team | Updated: November 2, 2022 08:35 PM IST
The amount invested by compounding increases year after year. The benefit of power of compounding is available in mutual funds. Do not stop investing immediately in a downtrend in the market. Keep investing till the target is met. Don't choose a fund just by looking at the star rating and returns. Choose the fund that best suits your goal. Wrong fund selection will make the portfolio aggressive or conservative: Hemant Rustagi, CEO, WiseInvest Pvt Ltd and Vikas Puri, Head (West Zone) of Complete Circle Consultant.
