InvestorQ : Which mutual funds are good to invest during the COVID-19 pandemic around the world?
Isha Tharwani made post

Which mutual funds are good to invest during the COVID-19 pandemic around the world?

Answer
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Sakshi Malhotra answered.
6 months ago


Investors are advised to take investment decisions on the basis of their risk appetite, investment horizon and realistic financial goals which they want to achieve for different tenures. Investors should refrain from making any investment decision on the basis of any event such as COVID-19.

Instead, they should follow an asset allocation approach linked to their overall risk profile to accumulate wealth in the long run. Mutual fund investors (including those who are currently investing through SIP mode) must review their current situation and see if they need to increase (step-up) their ongoing investment amount.

Those who are looking to start investing in mutual fund schemes can start with either the Index Fund or Multi cap fund or Hybrid Equity Fund. Thus new investors can consider UTI Nifty Index Fund (Index) or Kotak Standard Multicap Fund (Multi-Cap) or Mirae Asset Hybrid Equity Fund (Hybrid Equity) depending on their risk profile.





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6 months ago


You can also look at non-equity funds as a means of long term gains. Debt is not affected by market pressures. Also with the relief packages around, the Govt will go to release more bonds in the coming months.