Mutual funds --A mutual fund is sector that pile up money from many investors and invests the money in good securities with they can make money to money such as stocks/shares, short-term debt. etc.
Investors buy shares in Mutual funds. Each share represents an investor's part ownership in the fund and the money it generates.
Some Mutual Fund with very good returns but risky also.
1. IIFL focused equity growth fund direct growth- in Groww.
2. Parag Parikh long term value fund direct growth.
3. Axis Flexi cap fund direct growth.
these are some high return Mutual funds.
Security - it is ever safe i was investing in mutual funds from last 2 years literally i was't facing any problem in fund security still.
there is many platforms or Apps they provided their mutual fund facility like Groww, sbimf, zerodha some more.
but i was doing with Groww because i gives us many facilities like Autopay wallet pay, funds information, funds security via mobile sms or e-mail Groww is really good to understand as for beginners also.
and it's customer care is also so polite or as the can try to solve your problem ASAP as the can.
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