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Give Wings to Your Savings: Investing the right way to attain your goals

Curated By: Studio18 Desk

Last Updated: August 22, 2023, 12:23 IST

Indian Telephone Industry, India

Give Wings to Your Savings: Investing the right way to attain your goals

Think of goal-based investing as a personalized roadmap that leads you to your dreams.

Have you ever wished to make your dreams come true, like owning your dream home, traveling to exciting places, or planning  an early retirement? With the power of mutual funds, you can turn these aspirations into a reality.

Think of goal-based investing as a personalized roadmap that leads you to your dreams.

Goal-based investing via mutual funds is a strategic approach that aligns your investment decisions with specific financial objectives. By identifying clear goals, and selecting appropriate mutual funds, investors can create a disciplined and focused investment plan. This article explores how goal-based investing through mutual funds empowers individuals to achieve their aspirations while benefiting from the potential growth of diversified and professionally managed portfolios.

The beauty of goal-based investing is that it keeps you on track. Instead of making random investments without a clear purpose, you invest with a specific target in mind. This discipline helps you stay focused on your goals and avoid getting swayed by short-term market fluctuations.

As you continue investing regularly and sticking to your goals, you benefit from the power of compounding which is like a snowball effect: your investment gains generate additional returns, and these returns, in turn, generate more returns. Over time, compounding can significantly boost your wealth, especially when you’re patient and let your investments grow.

To know more about Goal Based Investing, watch our masterclass video by A. Balasubramanian, Chairman, AMFI where he sheds light on the topic in conversation with Surabhi Upadhyay & Sonial Shenoy from CNBC-TV18

Start your investment journey today. To know more log on to https://www.mutualfundssahihai.com/en

A mutual fund scheme is NOT a DEPOSIT product and is not an obligation of, or guaranteed, or insured by the mutual fund or its AMC. Due to the nature of the underlying investments, the returns or the potential returns of a mutual fund product cannot be guaranteed. Historical performance, when presented, is purely for reference purposes and is not a guarantee of future results. Investors should consult their financial advisers if in doubt about whether the product/scheme is suitable for them.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

This is a Partnered Post.

 

first published:August 22, 2023, 12:23 IST
last updated:August 22, 2023, 12:23 IST