Mutual Funds Investment: Many of us take New Year resolutions on the occasion of New Year. Some promise themselves to give up bad habits, while others promise to pay attention to their diet. Many people take New Year resolutions to save money. However, savings are not a sprint but a marathon because you will be able to accumulate money only if you move slowly in the right direction. For this, investing in mutual funds can be a way, which proves to be helpful in achieving long term financial goals. 

Minimum amount of investment in mutual fund is Rs 500

Mutual fund investment is an indirect investment in the stock market, that is, the money of many investors is deposited together and then it is invested in the market. Mutual funds are managed by asset management companies, which have many schemes of their own. The risk in this is also relatively low because the money is invested in many different places such as shares, bonds, money market. Choosing the right mutual fund also gives tremendous returns. Anyone can invest in a mutual fund, the minimum amount for this is Rs 500. 

Choose a seven-year period for investment

Experts say that investment in mutual funds should be made for seven years and at the same time one should take advantage of the combination of large-cap, mid-cap and small-cap funds. Today, through this news, we are going to tell you how investing in mutual funds can make you rich. In a conversation with Livemint, Pankaj Mathpal, Founder and CEO of Optima Money Managers, gave information about the top 5 mutual funds in the categories of small-cap, mid-cap and large-cap, with the help of which you can earn a lot of profit in the year 2025.

You can invest in these

He said, apart from large cap funds like ICICI Prudential Bluechip Fund, Nippon India Large Cap Fund, HDFC Top 100 Fund, Motilal Oswal Large Cap Fund and Bajaj Finserv, Motilal Oswal Midcap Fund, HDFC Midcap Opportunities Fund, Whiteoak Midcap Fund, HSBC Midcap Fund and Edelweiss Midcap Fund are better for investment. Whereas in the small cap category, investors can think of investing in Motilal Oswal Small Cap, Bandhan Small Cap, Tata Small Cap, HSBC Small Cap and Mahindra Manulife Small Cap. 

Experts believe that investing in SIP gives you guaranteed returns. Siddharth Maurya, founder and managing director of Vibhavangal Anukulkara Private Limited, told Mint, SIP is considered best for investment because in this, more units are bought at lower prices and fewer units at higher prices, irrespective of the fluctuations in the market, which makes the average cost of investment equal.