Need of Millennials in Investing in Mutual Funds

  • Vighnesh R Nair, Prathibha P Nair, Arun K , Rahul KD

Abstract

            Mutual funds are long term beneficiary investment rather than short term. Mutual funds do well when you hold them for 3-5 years or even more. Money managers are the ones who operate in fund houses.Better profits can be gained as the fund is invested with different companies by the fund house.The funds are invested with different companies by the fund house. The funds are invested along with other investor’s money.Investor’s investment on a mutual fund can be called as his portfolio. The present study is based on how investment in mutual funds is beneficial to youngsters. Mutual funds help the younger generation to grow wealth,generate income and save money.

Published
2020-07-01
How to Cite
Vighnesh R Nair, Prathibha P Nair, Arun K , Rahul KD. (2020). Need of Millennials in Investing in Mutual Funds. International Journal of Advanced Science and Technology, 29(7), 12952 - 12959. Retrieved from http://sersc.org/journals/index.php/IJAST/article/view/28885
Section
Articles