 |
| Add caption |
A mutual fund is a pool of investment from different investors who willing to invest in stocks. It is a collective investment where every shareholder gets benefits and loses equally. And investors need no special knowledge related to shares.
This is the best way to invest your money with low-risk and
low-expense. Most people in Pakistan want to invest their money in Shares, but
they do not invest just because of complicated process and deep knowledge.
Fixed Account vs. Mutual Funds:
In Pakistan, people are not fully aware of Mutual Funds, so
they put their all savings into Saving Accounts and Fixed Account. In Fixed or
Saving Account banks usually give 6-10% per annum with no chance to get more
than this range whereas in Mutual Funds investors can get up to 100% of the
investment amount (it depends on the stock market), in recent years this fund
had given more than 50% in a single year so when it comes to Mutual funds there
is no profit range anyone can guess. All people do is just predictions for the
future if you want to invest your money in the long run, so Mutual Funds is the
most recommended investment option in Pakistan.
How to Invest in Mutual Funds:
It is the most hassle-free investment a layman could make.
There are lots of financial institutes called Asset Management Companies (AMC)
are helping people to invest their money in the best profitable way.
Here are few AMCs:
4) Al-Meezan
5) AKD
Which company is best for Mutual Fund Investments:
It is a little difficult to find the best performing company
because every company has different investment product with different dynamics.
To find out best Mutual Funds in Pakistan, here we recommend you to use an app launched by “Finpocket,”
where you can find all the financial products of all banks, insurance
companies, and AMC. Finpocket is on a mission to make invest very easy.
Finpocket is also educating people to make the productive investment through
its “Invester’s Education” Portal.
Comments
Post a Comment