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Top 8 most common mutual fund investing mistakes and how to avoid them

Investing in mutual funds without setting goals is one of the most common mistakes new investors make as the general tendency among is to buy mutual fund units whenever the investors have surplus cash

Mutual funds garnered Rs 8,022 crore of its assets by way of SIPs in December 2018, 29 per cent higher than the previous year
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Mutual funds garnered Rs 8,022 crore of its assets by way of SIPs in December 2018, 29 per cent higher than the previous year | Illustration: Binay Sinha

Vaibhav Agrawal Mumbai
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

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