Navigating the Market Mutual funds are diversified investment choices in which a group of interested investors contributes money to a pool.
Mutual Funds
It can be difficult to navigate the financial market, particularly if you are just starting out. Due to the abundance of investing possibilities available today, you may become overwhelmed with options and make poor financial judgements. As a result, you can concentrate too much attention on a small number of investments, which would increase the portfolio's risk.
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Understanding mutual funds
Mutual funds are diversified investment choices in which a group of interested investors contributes money to a pool. This combined capital is invested in a variety of securities, including equities, bonds, money market instruments and even gold. Due to the inherently diversified portfolio in mutual funds, they reduce the risk of over-exposure in any one asset class.
This can be highly beneficial for beginners and seasoned investors alike because it eliminates the need to manually construct a diversified investment portfolio. Furthermore, mutual funds are managed by specialists who have years of experience. The expertise of these fund managers provides a strategic advantage in your financial journey, particularly if you lack the time or knowledge required to actively manage your investments.
Types of mutual funds available on the Bajaj Finserv Platform
To make the most of your mutual fund investments, fund selection is key. On the Bajaj Finserv Mutual Fund Platform, you can choose from various fund categories.
1. Equity mutual funds
Equity mutual funds invest predominantly in the equity market. They are best suited for investors with a high tolerance for risk and a long-term investment outlook. If your primary goal is to create wealth over the long term, the potential market-linked returns from these funds may be ideal for your goal. You can even choose from different equity fund subcategories like large/mid/small-cap funds, tax-saving ELSS funds, value funds, contra funds and sectoral and thematic funds.
2. Debt mutual funds
Debt funds prioritise investments in fixed-income instruments such as government bonds, corporate bonds and other debt securities. On the Bajaj Finserv Platform, you can choose from different debt fund subcategories with investment horizons ranging from ultra-short durations to long-term funds.
3. Hybrid mutual funds
Hybrid mutual funds invest in a mix of debt and equity instruments, so the risk is minimised and the returns are optimised. By choosing a hybrid mutual fund, you can diversify your holdings with just one scheme. You can also select from different hybrid fund subcategories listed on the Bajaj Finserv platform, such as conservative, balanced, aggressive, arbitrage, dynamic asset allocation and multi-asset allocation schemes.
Top reasons to choose the Bajaj Finserv Mutual Fund Platform
Whether you want to focus specifically on equity or debt funds or you wish to diversify further using hybrid mutual funds, the Bajaj Finserv Platform can offer you just what you are looking for.
For investors eager to include mutual funds strategically in their portfolios, there are also several other reasons to choose the Bajaj Finserv Mutual Fund Platform.
1. A one-stop solution for aspiring mutual fund investors
This 100% digital platform offers over 1,000 mutual fund schemes for investors to choose from. To make the choice of funds easier, you can also make use of the fund comparison tools available on this mutual fund marketplace. In addition to these essentials, the Bajaj Finserv MF platform also offers online calculators and value research ratings for mutual fund schemes, so you can make smart investment decisions.
2. Effortless portfolio management
In addition to making mutual fund investments easier, this digital platform also makes fund management hassle-free and effective. You can simply log into your Bajaj Finserv mutual fund account and track your portfolio on the go. What’s more, you can also invest in new mutual fund schemes, monitor how your investments are performing and check your profits within few minutes.
3. Customisable filters to select suitable mutual funds
Making a selection from 1,000+ choices can be a daunting task. However, this digital mutual fund platform makes fund selection easy with comprehensive filters. You can use them to refine your search based on fund categories like equity, debt or hybrid mutual funds. You can also filter the options by the fund’s sub-category, fund ratings, AMC, risk or returns across different periods.
4. Seamless online support
Another key reason to invest in mutual funds on the Bajaj Finserv mutual funds platform is the end-to-end online support offered to investors. The 100% digital infrastructure eliminates the need to visit a branch and resolve queries or issues in person. You also need not resort to conventional modes like calling an agent or waiting for a callback. Instead, you can simply log into your account online and make, track or redeem mutual fund investments seamlessly.
How to invest in mutual funds with Bajaj Finserv
To achieve your financial goals as planned to use mutual funds as your strategic partner in the process, you need to take the first steps today. Here’s what you need to do to get started.
- Head to the Bajaj Finserv website or app.
- Log into the platform using your credentials.
- Find the ‘investment’ section and select the ‘mutual funds’ option from the list of investments available.
- Enter the details required like your PAN, bank account number and other related information.
- Your account will then be activated, after which you can select your preferred mutual funds and start investing by making the payment via UPI, RTGS, NEFT etc.
Conclusion
The bottom line is that mutual funds available on the Bajaj Finserv Platform offer a practical and accessible solution to diversify your portfolio. To effectively navigate the investment market and invest in funds that strategically align with your requirements, you must carefully compare the different schemes available and select those that match your goals, risk tolerance and investment horizon.
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