Currently, there are around 468 passive funds or Index Funds available in India. In such a situation, how to start investing in Index Funds in India?
As there is a huge attraction towards Index funds from mutual funds investors, obviously this question is common. However, before jumping into answering this question, one must do certain preparation. Do remember that currently there are around 468 Index Funds (including ETFs) available in India. Choosing 2-3 among these is obviously a daunting task for all investors. The probability of swaying with the trend and investing in the wrong index may be high.
How to start investing in Index Funds in India?
Before answering this question of “how to start investing in Index Funds in India”, as I mentioned above, you have to do below homework.
# Define financial goals
Before blindly trying to invest, first, identify your financial goals. Goals may be like your kid’s education, kid’s marriage, or retirement…