Mutual funds, especially equity mutual funds, have played a pivotal role in helping retail investors create wealth over the last 25 years since they actually became a distinct asset class in India. Of course, mutual funds are not just about equity funds. There are debt funds, liquid funds, arbitrage funds, and balanced funds. But what is more important for you is to understand and avoid the mutual fund investing mistakes that new investors tend to make.
WHAT ARE SOME OF THE COMMON MUTUAL FUND INVESTING MISTAKES?
1. Investing in mutual funds without setting goals
The general tendency among many investors