New Delhi, India
16 July 2022

One of the life dreams of many people is to be rich and accumulate wealth. We all want to buy that big house we want so much or go on a trip to some exotic place in Europe. Although it is very good to do luxury travel, we must also think about our retirement and our livelihood for the future.

It is never too early to plan for the future and accumulate the necessary wealth to be able to have a decent retirement. If you want to be rich, save and invest and the earlier you start, the greater the impact on the final result.

It doesn't matter how much money you are going to invest; the important thing is to take that first step and create that commitment to achieve your goal.

Investing is an important part of your savings for the future. One of the hardest parts of investing is building a satisfying portfolio that gives steady returns.

“The shortest route to getting stable returns with a small amount is through mutual funds. This investment product is a way to easily invest in predefined portfolios”, said the spokesperson of RKFS.

Simple Strategies Have a Better Chance of Success

Recently, the interest of investors in mutual funds has been increasing. Mutual funds have attracted a lot of attention, especially in the last two years, due to multiple factors. We see that various advantages of mutual funds play a role in this development.

First of all, we would like to say that all investors, whether small or large, can find a mutual fund suitable for their very different needs and strategies.

The main advantage of Mutual Funds is that they seek returns in a competitive environment by being managed by professional staff.

Mutual funds are the first thing that comes to mind for savers who do not have sufficient knowledge and time, especially when they consider investing in an area where they do not have experience.

Mutual Funds can be easily bought and sold on the internet branches of all banks and investment companies. This convenience, thanks to RKFS, has made it very easy for investors to create a portfolio that suits their preferences and to distribute their risks.

Mutual fund purchases can be made with lump sum investments or through a systematic investment plan (SIP).
As we all know, there’s a saying that “slow and steady wins the race”. SIP proves this right as those investors who put their money in these plans acquire good wealth at the end of their term and get good returns as well.
According to the spokesperson, “Setting up a SIP makes budgeting for retirement and other investment goals easier. When you put a small amount into a monthly budget, you are more likely to stick to the plan, making it easier to achieve your investment goals”.

For example, it's relatively easy to commit to investing Rs. 10,000 a month for retirement savings, but getting to Rs. 1,20,000 all at once can be more difficult.