I have a substantial amount of income every month and want to invest it in the share market through mutual funds with banks. What are the advantages of doing so, and are there any hidden costs where I lose a part of the gains of investments?
The theory behind mutual fund investing is that an investment is spread over a larger number of companies, thus spreading the risk of the investment out. Before you invest in a fund, you should read through its prospectus carefully. You'll learn about how the fund managers are paid, and what fees you can expect. Ask questions before investing, about any fund that you are considering until you feel you've got your answers.
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The theory behind mutual fund investing is that an investment is spread over a larger number of companies, thus spreading the risk of the investment out. Before you invest in a fund, you should read through its prospectus carefully. You'll learn about how the fund managers are paid, and what 