Tag: Mutual Funds India
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How To Become A Mutual Fund Distributor In India
Who is a Mutual Fund Distributor (MFD) A Mutual Fund Distributor (MFD) also referred to as a Mutual Fund Agent is an authorised person who is assigned to recommend and sell mutual fund products to people. Only a MFD can legally recommend / sell mutual fund products to investors. A MFD is the person who…
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Why is SIP Better Than Lump Sum In Mutual Fund Investment
Introduction Before understanding why are SIP better than lump sum in mutual fund Investment, let’s have a quick revision of the basic concepts. What are mutual funds Mutual funds are a group of organization that pool the money from the investors and collectively invest it in the stock market. Since investing in equity markets requires…